The Fastener Distributor Index (FDI) survey for January, 2024.  The FDI opened the year inching up to 49.7 after December’s disappointing 47.5 seasonally adjusted. Likewise, the Forward Looking Indicator (FLI) ticked up, rising to 50.4. Key Points: FDI nearly reaches neutral level. After a soft December, the FDI improved m/m and nearly reached the neutral level (49.7 compared … Continue reading Fastener Distributor Index (FDI) | January 2024