Construction Equipment Related Content

Deere Q3 Earnings Off 40% Amid Farm Economy Downturn

Deere & Company reported Q3/15 earnings were down 40% from the same quarter last year. The company noted “the continuing impact of the downturn in the farm economy as well as lower demand for construction equipment.” read more

Caterpillar North American Machinery Sales Up 8% Y/Y

Caterpillar reported its worldwide retail sales of machinery for the three-month rolling period ended in August were down 10%. North American retail sales, however, were up 8%, following gains of 11% and 14% for July and June, respectively. read more

Wells Fargo: Construction Industry Optimism Hits Record High

According to Wells Fargo Equipment Finance’s 2014 Construction Industry Forecast, construction contractors and equipment distributors’ optimism brought the Optimism Quotient to a record high of 124, 18 points up from 2013. read more

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