The Fastener Distributor Index (FDI) survey for February, 2024.  The FDI crept into growth territory with a reading of 50.5 up from 49.7 in January, seasonally adjusted. The Forward Looking Indicator (FLI) took the opposite course, dropping slightly to 47.9. Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) bounced back to growth (>50) in February with a reading of 50.5. A key theme … Continue reading Fastener Distributor Index (FDI) | February 2024