The Fastener Distributor Index (FDI) survey for December, 2022 ended its 11th year with a thud with a startling reading of 43.8.  This is after temporarily rising into expansion territory at 54.9 the previous month, seasonally adjusted. The Forward Looking Indicator (FLI) gained modestly, but continues to indicate expectations of a weaker market ahead … Continue reading Fastener Distributor Index (FDI) – December 2022