Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/9/22 Key Takeaway: The August seasonally adjusted Fastener Distributor Index (FDI) bounced back nicely from last month’s sub-50 reading, increasing back into expansionary territory at 52.6. This was consistent with a still very positive FLI reading last month. Demand commentary seemed to […]
FDI August 2022
![The August seasonally adjusted Fastener Distributor Index (FDI) bounced back nicely from last month’s sub-50 reading, increasing back into expansionary territory at 52.6.](https://news.fastenersclearinghouse.com/wp-content/uploads/2022/09/FDI_48_Last_Months_Aug_2022-1024x607.png)