A distributor customer of mine mentioned he received an e-mail from Eric Dudas of FastenersClearingHouse.com FCH & Fully Threaded Radio. My customer mentioned it had something to do with an upcoming Fastener Distributor’s Index that the FCH Sourcing Network was working on along with Holden Lewis, a market analyst with BB&T Capital Markets. I recall that the Index was mentioned on a recent episode of Fully Threaded Radio but I was curious to learn more about it. According to a recent news release, the objective of the index is to identify demand, pricing and outlook trends within the U.S. Industrial fastener industry. According to the news release, “Over time, the new index will create a much-needed historical track record while reflecting current market expectations.” (…)
