Global Fastener News

Tag "FDI"

August FDI Continues Consecutive Gains

September 11
16:22 2019
    August FDI Continues Consecutive Gains

“Better sales trends and a slight improvement in the employment index were the main contributors of the improvement,” according to R.W. Baird analyst David Manthey.

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After Declines, July FDI Recovers

September 03
04:09 2019
    After Declines, July FDI Recovers

“A slight uptick in the percentage of respondents perceiving customer inventory levels as 'too low' was the primary driver of the recovery,” writes R.W. Baird analyst David Manthey.

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After Lull, FDI Accelerates in April

May 06
16:10 2019
    After Lull, FDI Accelerates in April

“Sales trends rebounded nicely from weak March trends, which saw a contractionary sales reading,” according to R.W. Baird analyst David Manthey.

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FDI Falls To Near Two-Year Low

March 25
03:17 2019
    FDI Falls To Near Two-Year Low

“Stabilization or further moderation in the FDI could be more likely than acceleration from here,” according to R.W. Baird analyst David Manthey.

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FDI Steady in January After Declines

February 14
02:39 2019
    FDI Steady in January After Declines

Several respondents expressed “cautious optimism” for a potential resolution to the US-China trade dispute. Pending any resolution, however, tariffs continue to impact lead times and pricing.

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FDI Retreats For Second Straight Month

February 04
05:31 2019
    FDI Retreats For Second Straight Month

Sales trends improved in December, with 42% of respondents indicating sales were “better” relative to seasonal expectations vs. 34% of respondents the previous month.

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Weak Sales Trends Slow FDI

January 07
04:05 2019

November Fastener Distributor Index decelerates on weaker sales trends.

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October FDI Accelerates

November 12
02:12 2018
    October FDI Accelerates

Sales and hiring increased during the month, while customers expressed uncertainty about future orders due to U.S. tariffs.

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FDI Declines For Second Straight Month

October 22
03:42 2018
    FDI Declines For Second Straight Month

The seasonally adjusted September FDI (55.8) decelerated in September, “still strong in absolute terms but nonetheless meaningfully lower for the second straight month,” according to R.W. Baird analyst David Manthey.

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FDI Moderates in August

September 24
18:05 2018
    FDI Moderates in August

“The overall tone of qualitative commentary was again more cautious this month, with respondents expressing some tariff-related uncertainty, and the potential for a loss of momentum,” writes R.W. Baird analyst David Manthey.

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June Fastener Distributor Index ‘Surges’

July 16
22:00 2018

After four straight months of decline, the FDI regains its footing amid pricing gains and a stronger outlook for the coming months.

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FDI Drops For 3rd Straight Month

May 29
00:43 2018
    FDI Drops For 3rd Straight Month

Qualitative commentary on market conditions was very positive regarding demand, while steel tariff impacts remain a topic of heavy discussion among respondents.

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FDI Stalls For Second Straight Month

April 10
13:00 2018
    FDI Stalls For Second Straight Month

Commentary on market conditions was mixed, with some respondents commenting on the current strong demand environment and others expressing concerns around the recently announced steel tariffs.

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February FDI Moderates ‘Slightly’

March 20
02:35 2018
    February FDI Moderates ‘Slightly’

Commentary “again skewed largely positive” overall. One respondent indicated “sales are up 15% YTD.”

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FDI Rose ‘Slightly’ in January

February 26
06:03 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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