Written by R.W. Baird analyst David Manthey, 12/5/16
Key Takeaway: The seasonally adjusted FDI for November of 50.6 ticked up sequentially from the October reading of 47.1—returning once again to expansionary territory. YTD results have seen a saw-tooth pattern around the neutral rating of 50—consistent with the choppy and mostly flattish conditions seen in industrial markets throughout 2016.
http://www.fastenerjournal.com/index_htm_files/FDI_Report_November_16.pdf