R.W. Baird and FCH Sourcing Network released their monthly Fastener Distributor Index (FDI) for April on Monday, showing a notable decrease last month, and its third straight decline overall.
The seasonally-adjusted April FDI showed a mark of 57.4, down from March’s 59.5; February’s 60.4; and January’s 60.8. Since a recent peak of 62.2 in October 2017, the FDI has declined in four out of the past six months.(…)
via April’s Fastener Distributor Index Posts Third-Straight Decline.