Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/7/21 Key Takeaway: The March seasonally adjusted Fastener Distributor Index (FDI) was essentially stable m/m at 66.0, implying conditions remained at the strong pace seen in February. The sales index remained at very high levels as respondents continue to report more demand […]
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. […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 1/8/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for December came in at 62.6, showing nice m/m improvement and signaling a strong end to the year. The sales index saw similar strength with about two thirds of respondents seeing better-than-seasonally […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 12/3/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for November was 54.5, moderating slightly from last month but remaining in growth range. The sales index, however, showed some modest improvement m/m as sales were slightly above normal expectations for the […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 11/6/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for October was 56.5, improving for the second consecutive month. Nearly all components of the FDI showed m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) also showed nice improvement, reaching the highest […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 10/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for September was 52.0, returning to growth after last month’s slight contractionary reading (49.2). An improvement in the sales and employment indexes drove the m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published February 18, 2016 as “Why did a Grade 8 Flange Head Bolt break?” during episode 102 of Fully Threaded Radio. Well hi everybody, I don’t know what time it is when you’re listening to this but it’s like zero dark thirty here […]
Read More… from FTM 102: Why did a Grade 8 Flange Bolt break?
This edition of the Fastener Training Minute with Carmen Vertullo was originally published July 23, 2015 as “interview with Carmen Vertullo” during episode 95 of Fully Threaded Radio. (Eric Dudas) Everyone who listens to Fully Threaded Radio is very familiar with Carmen Vertullo. We’ve been playing the Fastener Training Minute segment for last few months, […]