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Additionally, supply chain constraints continued to ease, with noticeable improvement in ocean freight times commented on by multiple respondents. The Fastener Distributor Index (FDI) was developed as a service to the fastener industry by the FCH Sourcing Network in 2012 to be a new benchmark for the fastener industry.
per part” and “Inflation is impacting many of the traditional costs of distribution in USA including labor and freight. Product sourcing prices in Taiwan are up 6%, China is slightly down, and containerized freight is down. We have lost orders for less than $0.25 Customers are flat and building to order vs. inventory.”
Demand commentary leaned overall fairly positive but balanced out by a noticeable uptick in comments regarding continued rises in freight/container costs and labor strikes/delivery issues. Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) expanded further in March, increasing to 53.0, up from 50.5 in February.
the residential market) than acceleration or deceleration: “Residential related end users are slow to consume high-cost basis inventory, delaying market price adjustments to account for lower material/freight costs. Others see more stabilization (ex. It offers insights into current fastener industry trends/outlooks.
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