FDI March 2024

Fastener Distributor Index FDI March 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/3/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) expanded further in March, increasing to 53.0, up from 50.5 in February. Demand commentary leaned overall fairly positive but balanced out by a noticeable uptick in comments regarding continued rises in freight/container […]

Read More… from FDI March 2024

FTM 198 – how do I know if a bolt has been properly tightened?”

Fastener Training Minute 198 - How do I know if an installed bolt has been properly tightened?

This edition of the Fastener Training Minute with Carmen Vertullo was originally published March, 18th 2024 as “how do I know if an installed bolt has been properly tightened?” during episode 198 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute,  coming to you from Fastener Training Institute […]

Read More… from FTM 198 – how do I know if a bolt has been properly tightened?”

FTM 196 – How to certify your fasteners to your clients

FTM 196 - How to certify your fasteners to your clients

This edition of the Fastener Training Minute with Carmen Vertullo was originally published January, 18th 2024 as “How do you certify your fasteners to your clients?” during episode 196 of Fully Threaded Radio. Well hello everyone, and welcome to the Fastener Training Minute. This is Carmen Vertullo coming to you from Carver Labs in beautiful […]

Read More… from FTM 196 – How to certify your fasteners to your clients

FDI November 2023

The seasonally adjusted Fastener Distributor Index (FDI) improved m/m and remained above a neutral 50 reading for the second consecutive month, reading 53.4

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 12/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) improved m/m and remained above a neutral 50 reading for the second consecutive month, reading 53.4. Comments skewed noticeably more positive this month with many expressing that they are seeing good bookings […]

Read More… from FDI November 2023

FDI September 2023

The seasonally adjusted Fastener Distributor Index (FDI) modestly retreated in September to a sub-50 reading at 48.5 after briefly reaching a neutral 50.0 in August.

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 10/5/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) modestly retreated in September to a sub-50 reading at 48.5 after briefly reaching a neutral 50.0 in August. While August may have temporarily benefited from some pent-up demand following summer vacations, September […]

Read More… from FDI September 2023

FTM 192 – Thread-Cutting Taps, Part III

Fastener Training Minute 192 - Thread-Cutting Taps, Part III

This edition of the Fastener Training Minute with Carmen Vertullo was originally published September, 21st 2023 as “How to choose the correct thread-cutting tap for cutting a thread into a hole. Part 3” during episode 192 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute, coming to you from […]

Read More… from FTM 192 – Thread-Cutting Taps, Part III

FTM 191 – Drilling and tapping for inserts, Part II

Fastener Training Minute 191 - Drilling and tapping for inserts, Part II

This edition of the Fastener Training Minute with Carmen Vertullo was originally published August, 18th 2023 as “How do we choose the correct drill bits and taps if we are installing threaded inserts.” during episode 191 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute coming to you […]

Read More… from FTM 191 – Drilling and tapping for inserts, Part II

FDI June 2023

The seasonally adjusted Fastener Distributor Index (FDI) rebounded slightly to 45.6 compared to 44.7 in May.

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/12/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) rebounded slightly to 45.6 compared to 44.7 in May. Respondents pointed to increased quoting activity as the primary driver of the m/m improvement. The Forward-Looking Indicator (FLI) regressed slightly, moving further below […]

Read More… from FDI June 2023

FDI February

Fastener Distributor Index, FDI, February 2023

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/7/23 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) registered its first expansionary (>50) reading since November, improving to 51.6 from 47.7 last month. Consistent with this, commentary from participants was also a bit more positive this month, with some respondents […]

Read More… from FDI February

FDI June 2022

The June seasonally adjusted Fastener Distributor Index (FDI) reading is 53.8, improved vs. last month, indicating slightly faster growth than May.

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/7/22 Key Takeaway: The June seasonally adjusted Fastener Distributor Index (FDI) reading is 53.8, improved vs. last month, indicating slightly faster growth than May. The pricing indices moderated some (albeit remaining at elevated levels) as respondents noted softening commodity prices and some […]

Read More… from FDI June 2022