by:
Holden Lewis
Industrial Equipment – Machinery & Distribution Commercial & Industrial Group Equity Research BB&T Capital Markets hlewis@bbandtcm.com
The FDI is a monthly survey of North American fastener distributors. A greater description of what the FDI is and how it might be useful can be read in the box, below. But for purposes of interpretation (except for the Outlook), any reading above 50 indicates the category performed better than expected in the month, while anything below 50 means the reverse. (…)