Fastener Distributor Index (FDI) survey for July, 2023 slid dramatically to 40.7 after its 45.6 reading in June, seasonally adjusted. The Forward Looking Indicator (FLI) dipped once again to 38.8, after its 39.3 reading the previous month. Key Points: FDI softens significantly vs. last month. The seasonally adjusted July FDI (40.7) was substantially lower vs. last month’s 45.6, dragged … Continue reading Fastener Distributor Index (FDI) | July 2023