Fastener Distributor Index (FDI) | August 2024
The Fastener Distributor Index (FDI) survey for August, 2024. The FDI rebounded to 53.8 in August after the previous months dismal 47.5 reading, seasonally adjusted. In contrast, the Forward Looking Indicator (FLI) dipped lower to 47.4, signaling growing concern over longer term market conditions. Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) improved to 53.8 this month (July 47.5), mainly … Continue reading Fastener Distributor Index (FDI) | August 2024
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