Tag: Quinn Fredrickson

FDI – September 2020

Posted on by Brian Musker
The seasonally adjusted Fastener Distributor Index (FDI) for September was 52.0, returning to growth after last month’s slight contractionary reading (49.2).

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) […]

Read More… from FDI – September 2020

FDI – August 2020

Posted on by Brian Musker
The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, implying relatively stable momentum with July

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, implying relatively stable momentum with July (near a neutral 50 reading). Looking at the drivers of the overall m/m moderation in the FDI, a decrease in the sales […]

Read More… from FDI – August 2020