The Fastener Distributor Index (FDI) survey for September, 2022.  The FDI returned to contractionary territory last month with a 47.6 reading, seasonally adjusted, after rising to 52.6 the previous month. The Forward Looking Indicator (FLI) remained virtually unchanged at 47.5, reflecting general uneasiness with expected market conditions. Key Takeaway: The September seasonally adjusted Fastener Distributor Index (FDI) retreated … Continue reading FASTENER DISTRIBUTOR INDEX (FDI) | SEPTEMBER 2022