FDI returns to neutral reading. The seasonally adjusted August FDI (50.0) saw substantial improvement vs. last month’s 40.7 and reached a neutral or better reading for the first time since February. Looking at the overall components of the FDI, three of the four (sales, employment, and supplier delivers) saw sequential improvement, while only customer inventories … Continue reading Fastener Distributor Index (FDI) | August 2023