Caterpillar reports retail machines sales up 8% in three months end May
Caterpillar reported in a regulatory filing that its total retail machines sales were up 8% on a three month rolling basis in May. For reference, retail sales of machines were up 1% in the period ending in April and up 1% in the period ending in March. The company reported world Resources Industries sales down 3% in the May-end period, compared to an April period decline of 19%. Construction Industries world sales were up 11% in the May-end period, better than the 8% increase in the April-end period. Total Energy & Transportation Retail Sales were up 4% in the May-end period, which was better than the 2% decrease seen in the April period.