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 […]
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 […]
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 […]
Written by R.W.Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/6/22 Key Takeaway: The March seasonally adjusted Fastener Distributor Index (FDI) saw a modest m/m improvement at 57.2 on better sales and employment levels. Despite a slightly weaker reading in the supplier deliveries index amid some manufacturing plant shutdowns in Asia and continued […]