The seasonally adjusted Fastener Distributor Index (FDI) saw modest m/m improvement, reading 52.9 in May vs. 51.6 in April, and continued to expand (above neutral reading of 50), albeit driven by just one component, supplier deliveries. Commentary was again mixed, but our overall read was that demand conditions in May were generally seen as … Continue reading Fastener Distributor Index (FDI) | May 2024