Written by R.W.Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 8/4/21 Key Takeaway: The July seasonally adjusted Fastener Distributor Index (FDI) of 59.6 improved vs. June, driven by slightly better selling conditions. Commentary continued to point to a supply-demand imbalance, along with labor shortages, accelerating pricing, and logistics backlogs. The Forward-Looking Indicator (FLI) […]