Caterpillar 3-month total machines retail sales jump 34%

Caterpillar Inc. said Tuesday that rolling 3-month retail sales, through January, of total machines rose 34% on a global basis, with growth in all regions including a 23% rise in North America. Among the machines segments, global resource industries sales jumped 49% and construction industries sales increased 30%. In North America, resource industries sales rose 38% and construction industries sales grew 22%. Total energy and transportation retail sales rose 16%, with power generation sales up 8%, industrial sales rising 13%, oil and gas sales up 27% and transportation sales unchanged. Caterpillar’s stock fell 0.7% in premarket trade, while Dow Jones Industrial Average futures fell 152 points, or 0.6%. Over the past three months, Caterpillar shares have run up 11.5% while the Dow has gained 5.0%.

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