The Fully Threaded Shop

FDI December 2025

The November seasonally adjusted Fastener Distributor Index (FDI) retreated to just below 50, coming in at 49.5.

Fastener Distributor Index – Report #168 December 2025 Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 1/9/26 Key Takeaway: This month, the seasonally adjusted Fastener Distributor Index (FDI) jumped to 56.4 (vs. November 50.01), reflecting improvement across most components of the FDI (sales, supplier deliveries, and customer inventories), aided by a favorable […]

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FDI November 2025

The November seasonally adjusted Fastener Distributor Index (FDI) retreated to just below 50, coming in at 49.5.

Fastener Distributor Index – Report #167 November 2025 Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 12/5/25 Key Takeaway: This month, the seasonally adjusted Fastener Distributor Index (FDI) retreated to just below 50, coming in at 49.5. The m/m pullback (October 55.3) mainly reflected a retrenchment in the seasonally adjusted sales index. […]

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FDI October 2025

Coming off a 2025 high, the seasonally adjusted Fastener Distributor Index (FDI) was slightly lower m/m but mostly stable at 55.3 (September 55.8).

Fastener Distributor Index – Report #166 October 2025 Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 11/6/25 Key Takeaway: Coming off a 2025 high, the seasonally adjusted Fastener Distributor Index (FDI) was slightly lower m/m but mostly stable at 55.3 (September 55.8). On a seasonally adjusted basis, the selling index was […]

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FDI September 2025

The seasonally adjusted Fastener Distributor Index (FDI) saw solid m/m improvement to 55.8 (August 51.3).

Fastener Distributor Index – Report #165 September 2025 Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 10/7/25 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw solid m/m improvement to 55.8 (August 51.3). Stronger sales and customer inventories drove the improvement. The Forward-Looking Indicator (FLI), however, dipped for the […]

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FDI August 2025

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/8/25 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) moderated sequentially but still stayed at an expansionary level, coming in at 51.3 (July 53.1). This reflected moderation in the sales index and slightly lower employment levels. The Forward-Looking Indicator (FLI) also normalized a […]

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FDI July 2025

Fastener Distributor Index (FDI) July 2025

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 8/7/25 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) continued to move higher in July, reaching 53.1 (June 52.0), reflecting slightly better seasonally-adjusted sales trends and higher employment. The Forward-Looking Indicator (FLI) was even more positive, coming in sharply higher m/m at 57.3 […]

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Episode #217 – SW Threaded

  MW Components VP of sales, Kara Bosse sees the exciting side of the fastener sales game as she works to make manufacturing an attractive career for the next generation (8:07). Meanwhile, pitmaster Rob “Big Country” Reynolds of INxSQL Software explains how his ERP platform has expanded to support fastener manufacturing as well as distribution […]

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FDI June 2025

Fastener Distributor Index (FDI) June 2025

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 7/7/25 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) improved sequentially for the second consecutive month, reaching 52.0 (May 50.4), reflecting re-acceleration in sales and customer inventories. However, the Forward-Looking Indicator (FLI) fell back below 50, landing at 47.4 (vs. May’s 50.2), consistent […]

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FDI May 2025

Fastener Distributor Index (FDI) May 2025

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/6/25 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw month-over-month improvement, reaching 50.4 (April 46.9). This reflected improvement in three of the four underlying components (sales, employment and supplier deliveries). The Forward-Looking Indicator (FLI) also improved at 50.2, the first reading above 50 […]

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Episode #206A – Out Of The Rut

  Fastener industry optimism keeps the latest FDI numbers strong as AFC VP of sales John Kovatch joins Mike McNulty on the Fastener News Report (19:55). There’s more good news for fastener mud racers as Jake “Valdez” Davis of BTM Manufacturing announces dates for next year’s huge MWFA event (7:15). PLUS: Brian and Eric launch […]

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