Caterpillar said in a regulatory filing that its worldwide retail sales of machinery for the three-month rolling period ended in August 2014 fell 10% from the same period in 2013. All regions were down with the exception of North America, which was up 8% in August after posting gains of 11% and 14% for July and June, respectively.
The machinery maker noted that Resource Industries, which is primarily responsible for supporting mine and quarry applications, was off 33% worldwide in August with declines of 52%, 46%, 44% and 3% in Latin America, EAME, Asia/Pacific and North America, respectively.
Retail sales of construction equipment for the three-month period ended in August, were down 1% worldwide from the prior years with the only increase posted for North America 12% – followed increases 15% and 16% for July and June, respectively.
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