Caterpillar’s sales numbers for the month of August show a drop of 11% which is in-line with the sales fall in July but marginally better than the -14% experienced in June. Demand from the resources industries in APAC is particularly weak (-46% in August) as is Latin American demand from the construction industry (-49%). Some stabilisation has become visible as of late. Sales to the resources industries in EMEA and in Latin America have increased during the last few months, but these two regions ....
