Caterpillar released its retail sales statistics today for the three months ending in August 2017, showing total global sales up 11 percent over this time last year supported by a surge in the Asia/Pacific market to 44 percent over August 2016. North American sales in August were up 1 percent
By market segment, Resource Industries were up 5 percent globally, lead by a 53 percent jump in the Eastern Asia Middle East (EAME) market. North American sales were up 5 percent.
In Construction Industries, total global sales were up 12 percent, again showing a strong 61 percent increase in Asia/Pacific market. North America was up 3 percent.
The Energy and Transportation segment saw a total 3 percent drop, however the industrial market was upf 25 percent. Power was down 5 percent, transportation down 2 percent, oil & gas were down 11 percent.