The February Fastener Distributor Index “recovered nicely,” rebounding to 56.0 following a seasonal-adjustment-driven downtick in January (52.7), according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management. The recovery was “broadly consistent” with recovery seen in the ISM PMI and other macroeconomic data points as COVID-related disruption eased, according […]
Category: Fastener Distributor Index
FDI ‘Slightly Softer’ in January
The seasonally adjusted Fastener Distributor Index for January was “slightly softer” at 52.7, but modest underlying improvement was seen in most metrics, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management. The seasonal adjustment factor downwardly impacted results as January is “normally the strongest month of the year […]
FDI ‘Moderately Decelerated’ in December
The December seasonally adjusted Fastener Distributor Index (FDI) was 56.2 and “moderately decelerated” when compared with November, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management The deceleration was driven primarily by a lower employment index, according to the analysis. The FDI was 57.6 in November. Market conditions […]
‘Slight Improvement’ for FDI
The seasonally adjusted Fastener Distributor Index for November was 57.6, a “slight improvement” that occurred thanks to better seasonally adjusted selling momentum, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management. The FDI improve from 56.1 in October. Overall, November largely saw a continuation of recent themes, including […]
Fastener Distributor Index Improves
Despite continued supply chain disruption, October’s seasonally adjusted Fastener Distributor Index improved to 56.1, reflecting slightly better selling momentum and employment levels, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management. The FDI increased from 54.2 in September. FDI key themes from October include elevated freight costs, shipping […]
Fastener Distributor Index Dips Again in September Amid Supply Chain Shortages
The seasonally adjusted Fastener Distributor Index (FDI) for September was 54.2, down slightly from 55.4 in August due to continuing supply chain issues, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management. Key themes among respondents in the analysis included raw material shortages, long deliveries and staffing issues. […]
