If Caterpillar's Right, This Is a Global Industrial Depression

If Caterpillar's Right, This Is a Global Industrial Depression
Associated Press

Most cats bounce at least once when they die, but not this one: after CAT posted its first annual drop in retail sales in December of 2012, it has failed to see a rise in retail sales even once.

In fact, since then Caterpillar has seen 34 consecutive months of declining global sales, and 11 consecutive months of double digit declines!

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