Fastener Distributor Index Shows Solid Rebound Despite Worse Optimism
Sales saw a considerable jump in February, but continued strains on labor and pricing have distributors still concerned about the next six months.
Source: inddist.com
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Sales saw a considerable jump in February, but continued strains on labor and pricing have distributors still concerned about the next six months.
The index is still in expansion territory, but not by much.
The year ended on a weaker note after two straight months of accelerated growth for the index.
While the FDI trended positive for a second straight month, its six-month outlook continued to slide amid supply chain and labor issues.
Survey commentary continued to focus on supply chain havoc and labor issues.