Caterpillar Reports Retail Machine Sales Fell 10% Through November

Caterpillar Inc. CAT reported on Thursday retail sales of machines by geographic region for the three-month rolling period ending in November.

North American machine sales for the three-month period rose 5 percent from a year ago while Asia/Pacific sales fell 24 percent and Latin American sales fell 37 percent. East Asia and Middle East sales were unchanged, translating to a total global sales decline of 10 percent.

Resources Industries sales fell 23 percent worldwide, while Construction Industries sales fell 6 percent. Energy and Transportation sales rose 11 percent during the three-month rolling period.

Previously, the company announced that its total retail sales of machines for the three-month period ending in October fell 9 percent.

Shares of Caterpillar were trading higher by 1.5 percent at $91.12.