Get Moblico news: TXTJOIN” to 833-338-4330

Chat with us: TXT or Call 855-662-5426

Moblico Blog banner
Team Moblico

Team Moblico

Fastener Distributor Index Down in August

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

https://s33009.pcdn.co/news/research/fastener-distributor-index-down-in-august/?utm_source=rss&utm_medium=rss&utm_campaign=fastener-distributor-index-down-in-august

The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, down from 54.6 in July, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management.

The Forward-Looking Indicator (FLI) was relatively steady, staying in the ~53-54 range seen consistently over the past three months (August, 53.3). According to the report, “Taking the FDI and FLI together, in our view, we believe this indicates August fastener market conditions showed relative stability in trends after several consecutive months of strong m/m improvement.”

The post Fastener Distributor Index Down in August appeared first on Modern Distribution Management.

More to explorer

Motion Industries Sales Dip 18.6% in 3Q

https://s33009.pcdn.co/news/operations/motion-industries-sales-dip-18-6-in-q3/?utm_source=rss&utm_medium=rss&utm_campaign=motion-industries-sales-dip-18-6-in-q3Genuine Parts Co., the parent of Motion Industries — what GPC calls its “industrial parts group” — reported Thursday that the distributor’s

Pool Corp. Sales Up 27% in 3Q

https://www.mdm.com/news/operations/pool-corp-sales-up-27-in-3q/?utm_source=rss&utm_medium=rss&utm_campaign=pool-corp-sales-up-27-in-3qPool Corp. (Nasdaq: POOL), Covington, LA, a wholesale distributor of swimming pool and related backyard products, reported third-quarter sales of $1.1 billion,

Border States Electric Announces New Regional Structure

https://www.mdm.com/news/operations/border-states-electric-announces-new-regional-structure/?utm_source=rss&utm_medium=rss&utm_campaign=border-states-electric-announces-new-regional-structureBorder States Electric, Fargo, N.D., this week announced a new regional structure to better serve customers and support manufacturers. This change takes effect January 1, 2021. Each region will consist of