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Worldwide retail sales of Caterpillar Inc.’s (CAT) construction machinery surged 66% in the three months to the end of April

19 May 2011 / in Blog, Uncategorized

Worldwide retail sales of Caterpillar Inc.’s (CAT) construction machinery surged 66% in the three months to the end of April, as the company’s robust sales activity showed no signs of weakening, according to dealer sales figures released Thursday.

April was the 12th straight rolling three-month period of sales expansion for the Peoria, Ill., company as it rebounds from a steep decline in sales in 2009. During the March period, overall machinery sales increased 61% from a year earlier, and for the February period increased 59%.

You can read the full story at the Wall Street Journal here.