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Caterpillar global retail sales of machines -13% in Feb-April

  • Caterpillar's (CAT -1.9%) world retail sales of machines -13% Y/Y in three months to April vs -12% in three months to March, with AsiaPacific -25% in February-April, North America +12%, EAME -24%, Latin America -28%.
  • Sales to resources indutries -49% in April period vs -46% in March period; construction +6% vs +9%. (PR)

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Comments (3)
  • dook
    , contributor
    Comments (60) | Send Message
     
    The drop in CAT sales suggests a bigger problem for the world economy than is reflected the US markets. Can anyone make sense of the relationship?
    20 May 2014, 10:14 AM Reply Like
  • Nigel D'Souza
    , contributor
    Comments (273) | Send Message
     
    My take is industrial and manufacturing growth will be weak in 2014. This is at dissonance with analyst expectations of GDP and earnings growth. Eventually, these differences will have to be reconciled, sooner or later.
    20 May 2014, 01:25 PM Reply Like
  • NAGRI
    , contributor
    Comment (1) | Send Message
     
    Increase in Market share in Western Europe and North America will lead to better prospects in Global numbers of Construction Equipments. In addition, Asia Pacific will surely have an Advent along with the rise in numbers in Brazil.
    22 May 2014, 07:03 AM Reply Like
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