Fastener Distributor Index – May 2019

    Written by R.W. Baird analyst David J. Manthey, CFA 6/6/19 Key Takeaway: The seasonally-adjusted Fastener Distributor Index (FDI) for May was 53.8, contracting two points vs. April’s 55.8 reading. Sales trends mirrored the overall index, as the seasonally-adjusted sales index also moderately retreated from April levels. Respondent commentary similarly remained cautious on balance, … Continue reading Fastener Distributor Index – May 2019