Posted by Traveling Salesman at 2/10/2013 11:17 PM
Categories: uncategorized
The Fastener Distributor Index (FDI) hit 56.9 in January! It had been in the mid-40’s over the last few months so I was very happy to hear that news. The FDI is a collaboration by the FCH Sourcing Network and Holden Lewis of BB&T Capital Markets to compile and provide information on the fastener industry. They collect surveys from members of our industry and utilize the data to give us a snapshot view of how our industry is performing. Any number above 50 indicates better than expected results for the particular time period in review.So, January looked good according to the members of our industry who participated in the FDI survey. I thought things looked good too. Most everywhere I called, the mood was positive and business in 2013 seemed to be starting in a positive way. Lots of good things to quote, some good orders placed, (…)
