More #MAGA: CAT breaks 50 quarter streak of declining sales (all in the Obama "recovery") and posts first positive retail sales
Date: April 24, 2017 05:30PM
On Monday, traditionally just ahead of earnings, Caterpillar reported that in March its world retail sales rose 1% Y/Y, the first increase since November 2012. The reason: Asia/Pacific, also known as China, which saw a 46% surge in total machine sales, up from 39% last month, and the best Asian performance going all the way back to April 2011.