Posted January 10, 2022

Fastener Distributor Index declined in December

The December seasonally adjusted Fastener Distributor Index (FDI) was 56.2, a decline from 57.6 when compared with November, according to the monthly survey conducted by the FCH Sourcing Network and Baird.

The decline was driven primarily by a lower employment index.

The Forward-Looking Indicator (FLI) was essentially unchanged at 63.7 (compared to 2018/2019 average of 52.9).

Respondent commentary focused on continued escalation in product and freight costs, which are pressuring margins, as well as supply chain delays. Overall, market conditions were mildly softer in December as tight labor markets and supply chain challenges combined to make it tougher for respondents to meet demand, which continues to remain strong.

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