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 […]

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FDI November 2023

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 […]

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FDI September 2023

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 […]

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FTM 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,┬ácoming to you from […]

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FTM 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 […]

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FDI June 2023

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 […]

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FDI February

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 […]

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FDI June 2022

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 […]

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FDI May 2022

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/7/22 Key Takeaway: The May seasonally adjusted Fastener Distributor Index (FDI) was essentially unchanged vs. last month, remaining in modest growth territory at 52.7. Container/import logistics constraints and slowing growth were consistent themes among respondents. The pricing indices were also stable but […]

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FDI April 2022

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 5/6/22 Key Takeaway: The April seasonally adjusted Fastener Distributor Index (FDI) dipped to 52.6, lower m/m, primarily on softer selling conditions. The overwhelming theme among participants commentary and across the various components of the FDI was growth but slowing growth amid material […]

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