Global Fastener News

Tag "FDI"

FDI Rose ‘Slightly’ in January

February 14
08:03 2018
    FDI Rose ‘Slightly’ in January

“In the January survey, a full 82% of respondents indicated sales were ‘better’ relative to seasonal expectations – the highest percentage recorded since FDI inception,” according to R.W. Baird analyst David Manthey.

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December FDI Ticks Up Slightly

January 11
11:26 2018
    December FDI Ticks Up Slightly

The Fastener Distributor Index rose “modestly” to 57.6 in December, reversing the deceleration seen in November, according to R.W. Baird analyst David Manthey.

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FDI Moderates in November

January 08
02:35 2018
    FDI Moderates in November

“In the November survey, 50% of respondents indicated sales were “better” relative to seasonal expectations – down vs. a record 73% in October but nevertheless still much improved vs. average 2016 levels (31%).”

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October FDI Gains Momentum

November 08
21:33 2017
    October FDI Gains Momentum

“Qualitative commentary on market conditions was again mostly positive with respondents noting strong demand, generally favorable end-market conditions, and a healthy pricing environment.”

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September FDI ‘Stays Strong’

October 30
00:38 2017
    September FDI ‘Stays Strong’

The Fastener Distributor Index for September dipped slightly to 61.5, “with sales trends remaining very strong,” writes R.W. Baird analyst David Manthey.

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August FDI Accelerates Amid ‘Positive’ Market Trends

September 12
00:09 2017
    August FDI Accelerates Amid ‘Positive’ Market Trends

“Market conditions appear likely to remain in growth mode in the coming months,” writes R.W. Baird analyst David Manthey.

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July FDI Decelerates Amid Moderating Sales

September 05
00:07 2017
    July FDI Decelerates Amid Moderating Sales

The seasonally-adjusted July FDI (55.1) ticked down from June’s strong 60.8 reading, “mainly driven by a slight moderation in sales momentum relative to a record June,” writes R.W. Baird analyst David Manthey.

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FDI Sets Sales Index Record in June

August 07
22:42 2017
    FDI Sets Sales Index Record in June

“Commentary on market conditions remains positive, with respondents indicating selling conditions are strong and customer activity/backlog continues to suggest a favorable outlook.”

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FDI ‘Surges” In May Amid Sales Growth

June 16
00:22 2017
    FDI ‘Surges” In May Amid Sales Growth

“[May was the] best month of sales in the past 18 months and increased backlog tells me it may happen again in June,” stated one respondent.

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March FDI Rises to Record Level

April 25
20:38 2017
    March FDI Rises to Record Level

“Although not universal, commentary on current market conditions was mostly positive, as several respondents noted strong y/y and m/m sales growth, as well as favorable end-market dynamics.”

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FDI Sees Strong Increase in February

March 10
02:41 2017
    FDI Sees Strong Increase in February

“Although not universal among respondents, most survey commentary was optimistic that market conditions could show improvement in 2017.”

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FDI Declines in January Amid ‘Choppy’ Conditions

February 13
13:27 2017
    FDI Declines in January Amid ‘Choppy’ Conditions

“While industrial markets are showing encouraging signs of potential stabilization and increased optimism, the FDI indicates that current conditions remain choppy with relatively weak demand, competitive conditions, and pricing pressure continue to weigh on results before policy changes can be implemented,” noted R.W. Baird analyst David J. Manthey.

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Fastener Distributor Index Rises in December

January 13
00:08 2017
    Fastener Distributor Index Rises in December

Top-line sentiment remained mostly positive for December, as 67% of respondents saw better or unchanged sales but did decelerate slightly vs. November (74%).

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June FDI “Modestly Higher”

July 13
21:06 2016
    June FDI “Modestly Higher”

June results benefitted from a slight uptick in sales, while the sequential point-of-sale pricing index marked the third consecutive month of expansion.

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