"Caterpillar Inc. said sales continue to tumble in October, dimming optimism that demand for construction machinery is improving with the uptick in the economy.
The Peoria, Il., company said world-wide machinery sales for the three months ended in October fell 50% from a year ago earlier, compared with a 52% decline for the three months ended in September.
Three months sales in North America were down 58% through October, while sales in Europe, the Middle East and Africa, declined 53%.
Latin America sales fell 41%, while sales in the Asia-Pacific region slipped 36%, slightly better than the 40% decline reported in September."
Source WSJ, 11/20/09.
Did anyone see this information posted in the JS? If so, I missed it. If not, why not? Seems if this is Wall Street Journal news about our local Caterpillar Hdqrts., it should be .........
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