Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 5/5/21 Key Takeaway: The April seasonally adjusted Fastener Distributor Index (FDI) 58.7 showed market conditions cooled off from the frenetic pace seen in February and March as supply chain constraints inhibited growth. Respondent commentary indicates underlying demand remains strong but servicing all […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 12/3/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for November was 54.5, moderating slightly from last month but remaining in growth range. The sales index, however, showed some modest improvement m/m as sales were slightly above normal expectations for the […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 11/6/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for October was 56.5, improving for the second consecutive month. Nearly all components of the FDI showed m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) also showed nice improvement, reaching the highest […]
