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 […]
Category: FCH
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. […]
