Caterpillar Sales Plummet

Though Caterpillar’s retail sales rose 14% Y/Y two months ago, in July, sales dropped to 11% and are now at 8%. They have suffered double digit collapses in Asia (by -24%), Europe and the Middle East (by -17%) and Latin America (by -29%). This brings Caterpillar to 21 consecutive months of declining Y/Y global retail sales.

caterpillar world retail sales


Images from Zero Hedge


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