Caterpillar said in a regulatory filing that its worldwide retail sales of machinery for the three-month rolling period ended in October 2014 fell 9% from the same period in 2013. All regions were down with the exception of North America, which was up 8% in October after posting gains of 8% and 8% for September and August, respectively.
The machinery maker noted that Resource Industries, which is primarily responsible for supporting mine and quarry applications, was off 20% worldwide in October with declines of 38% in Asia/Pacific, 8% in EAME, 42% in Latin America and 1% in North America.
Retail sales of construction equipment for the three-month period ended in October were down 5% worldwide from the prior year with the only increase posted for North America at 10% following increases of 11% in September and 12% in August.
To view the full Caterpillar filing, click here.
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