Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) weakened further to 44.7 compared to 46.3 in April. Respondents pointed to declining new business opportunities and general softening in the economy as the driver of the m/m decline. The Forward-Looking Indicator […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published September 18, 2021 as “When can I use a socket set screw as a stud?” during episode 168 of Fully Threaded Radio. Well, hi everybody., this is Carmen Vertullo with your Fastener Training Minute, coming to you from the Fastener Training Institute […]
Written by R.W.Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/7/21 Key Takeaway: The August seasonally adjusted Fastener Distributor Index (FDI) cooled m/m as raw material, freight, and labor constraints partially hindered growth, although the index remained firmly in expansionary/growth territory at 55.4. Commentary pointed to a strong supply-demand imbalance, labor shortages, accelerating […]
Brian Musker