The Fastener Distributor Index (FDI) survey for January, 2023 rebounded modestly last month with another contractionary reading of 47.7, seasonally adjusted, rising from 43.8 the previous month. The Forward Looking Indicator (FLI) continued its decline coming in at 41.4 after an already weak 45.0 reading in December. Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) began … Continue reading Fastener Distributor Index (FDI) – January 2023