Caterpillar warns machine sales worsen

Those hoping for evidence that the sales slump at Caterpillar, a barometer of the mining industry, is stabilising haven’t got it on Wednesday.

The US heavy machinery maker said its three-month rolling retail machine sales took another leg down in December, with the decline in sales in all regions accelerating compared from the previous rolling three month period that ended in November.

Caterpillar is seen as a bellwether of global activity since companies and governments are only likely to place orders if they are confident about the outlook.

While the company says the sales numbers includes the negative headwind coming from the stronger dollar, the trend remains down.


Source
Caterpillar

(Visited 87 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.