Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw a slight m/m decline, 52.1 vs. 52.9 in May, but remained in expansionary territory (>50). Commentary was mixed as some saw good order trends, while others characterized June as fairly weak. […]
FDI June 2024
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