‘Slight Improvement’ for FDI

The November seasonally adjusted Fastener Distributor Index of 57.6 was driven primarily by ‘better seasonally adjusted selling momentum.’
Fastener Distributor Index November 2021

The seasonally adjusted Fastener Distributor Index for November was 57.6, a “slight improvement” that occurred thanks to better seasonally adjusted selling momentum, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management.

The FDI improve from 56.1 in October.

Overall, November largely saw a continuation of recent themes, including stronger demand than can be served, extended lead times and raw material and labor shortages.

“Still having delayed deliveries with both overseas and domestic product,” one respondent said. “Customers still not too encouraged in increasing our sales due to uncertainty in the market and inability to get other product to continue production on a daily basis!”

Some respondents said that labor challenges were seemingly more prevalent and more impactful this month than in prior months.

“A disappointing month due to limited human labor,” one said. “…We’ll be back up to full speed in December.”

Another respondent said: “Slight slowdown, believe many orders have already been placed ahead of time based on the current situation with material shortages, lead time, overseas port backlogs, etc. Hiring is tougher than ever, with very little replies on Help Wanted ads.”

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.