FDI August 2023

The seasonally adjusted Fastener Distributor Index (FDI) surged to a neutral reading of 50.0 compared to 40.7 in July.

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 […]

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