Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw a slight m/m decline, 52.1 vs. 52.9 in May, but remained in expansionary territory (>50). Commentary was mixed as some saw good order trends, while others characterized June as fairly weak. […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/6/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw modest m/m improvement, reading 52.9 in May vs. 51.6 in April, and continued to expand (above neutral reading of 50), albeit driven by just one component, supplier deliveries. Commentary was again […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 5/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) slightly decelerated m/m but remained in growth territory reading 51.6. Commentary was more mixed this month as some see pockets of significant weakness (construction, OEM, Western US markets), while others see strength […]
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 […]
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?”
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
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 […]
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 […]
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 […]
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