The seasonally adjusted May Fastener Distributor Index (64.6) increased “strongly” from April’s 50.2 reading, according to R.W. Baird analyst David J. Manthey.
Most notable was accelerating sales momentum, as the seasonally adjusted sales index of 79.6 was the highest result seen since November 2014.(…)
via FDI ‘Surges” In May Amid Sales Growth | Global Fastener News