Caterpillar reports retail machines sales up 9% in three months end January
Caterpillar reported in a regulatory filing earlier that its total retail machines sales were up 9% on a three month rolling basis in January. For reference, retail sales of machines were up 10% in the period ending in December and up 16% in the period ending in November. The company reported world Resources Industries sales were up 17% in the January-end period, compared to a December-end period increase of 28%. Construction Industries world sales were up 7% in the January-end period, versus a 6% increase in the prior three-month period ending in December. Total Energy & Transportation Retail Sales were up 8% in the January-end period, down from the 13% growth in the December-end period.