RSS Feed
October 23rd, 2015 
Awake Goy In fact, since then Caterpillar has seen 34 consecutive months of declining global sales, and 11 consecutive months of double digit declines!
Why is this important? Because a month ago we asked: “What On Earth Is Going On With Caterpillar Sales?”
We have been covering the ongoing collapse in global manufacturing as tracked by Caterpillar retail sales for so long that there is nothing much to add.
Below we show the latest monthly data from CAT which is once again in negative territory across the board, but more importantly, the global headline retail drop (down another 11% in August) has been contracting for 33 consecutive months! This is not a recession; in fact the nearly 3 year constant contraction – the longest negative stretch in company history – is beyond what most economists would deem a depression.
Source Article from https://www.freedomsphoenix.com/News/185280-2015-10-22-if-caterpillars-data-is-right-this-is-a-global-industrial.htm?EdNo=001&From=RSS
Related posts:
Views: 0
Posted in 
Tags: 
