The Fastener Distributor Index (FDI) survey for November, 2022.  The FDI rebounded with a 54.9 reading for the month, seasonally adjusted, after 2 months of sub-50 reports. The Forward Looking Indicator (FLI) seemed to offset hopes of sustained improvement as it remained relatively unchanged at 42.0, reflecting expected weaker market conditions. Key Takeaway: The November seasonally adjusted Fastener … Continue reading Fastener Distributor Index – November 2022