Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/8/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) surged to a neutral reading of 50.0 compared to 40.7 in July. Respondents pointed to a rebound in demand as customers returned from summer vacations (which had pressured the July FDI). The […]
FDI August 2023
![The seasonally adjusted Fastener Distributor Index (FDI) surged to a neutral reading of 50.0 compared to 40.7 in July.](https://news.fastenersclearinghouse.com/wp-content/uploads/2023/09/FDI_48_Last_Months_Aug_2023-1024x602.webp)