Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/4/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for February saw strong m/m improvement with a reading of 66.1. The sales index surged as two-thirds of respondents saw sales that were above seasonal expectations in a normally seasonally softer month. […]
Tag: FLI
FDI January 2021
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 2/4/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for January came in at 57.7, moderating slightly from last month’s very strong December reading but still showing nice growth (well above a neutral 50 reading). The sales index saw sustained strength […]