{"id":11825,"date":"2017-08-19T22:39:58","date_gmt":"2017-08-19T22:39:58","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=11825"},"modified":"2017-08-19T22:39:58","modified_gmt":"2017-08-19T22:39:58","slug":"retail-sales-of-caterpillar-machines-jump-12-percent","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/","title":{"rendered":"Retail sales of Caterpillar machines jump 12 percent"},"content":{"rendered":"

PEORIA \u2014 Retail sales of Caterpillar<\/a> machines continued to climb in the first month of the third quarter, posting double-digit year-over-year growth overall and positive numbers in nearly all segments and regions.<\/p>\n

Total machine sales worldwide for the three-month period ending in July rose 12 percent from the same time one year ago, according to figures the company filed Friday with the Securities and Exchange Commission.<\/p>\n

According to the PJ Star<\/a>, Caterpillar\u2019s most recent earnings report and financial forecast for the rest of the year also reflect strengthened demand for its products. Sales and revenue in the second quarter jumped $1 billion over the same period the previous year, causing the company to significantly bump the 2017 sales projection \u2014 to a midpoint of $43 billion.<\/p>\n

In 2016, Caterpillar recorded $38.5 billion in revenue, a decline of more than 40 percent from peak sales in 2012.<\/p>\n

Construction equipment sales in China are exerting significant influence on the rebound. Retail sales of that type of machinery spiked 54 percent in the Asia\/Pacific market for the three-month period ending in July, compared to the previous year.<\/p>\n

Mining machinery sales had a bright spot, too. The rolling three-month retail sales report showed a 33 percent increase in Europe, Africa and the Middle East \u2014 a region where similar equipment sales were down 50 percent for the three-month period ending in May.<\/p>\n

\n
Energy and transportation retail sales worldwide, meanwhile, retreated to negative territory. Those sales dipped 2 percent in the most recent rolling three-month report after showing slight gains in previous months.<\/div>\n<\/div>\n

Caterpillar tallies the retail figures from unaudited reports provided by its network of independent dealers.<\/p>\n

The company\u2019s stock is trading at near record highs, closing up less than 1 percent Friday at $113.92 per share.<\/p>\n

Matt Buedel can be reached at 686-3154 or\u00a0mbuedel@pjstar.com<\/a>. Follow him on Twitter\u00a0@JournoBuedel<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

PEORIA \u2014 Retail sales of Caterpillar machines continued to climb in the first month of the third quarter, posting double-digit year-over-year growth overall and positive numbers in nearly all segments and regions. Total machine sales worldwide for the three-month period ending in July rose 12 percent from the same time one year ago, according to […]<\/p>\n","protected":false},"author":1,"featured_media":11826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,8,9],"tags":[266],"yoast_head":"\nRetail sales of Caterpillar machines jump 12 percent - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail sales of Caterpillar machines jump 12 percent - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"PEORIA \u2014 Retail sales of Caterpillar machines continued to climb in the first month of the third quarter, posting double-digit year-over-year growth overall and positive numbers in nearly all segments and regions. Total machine sales worldwide for the three-month period ending in July rose 12 percent from the same time one year ago, according to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/\" \/>\n<meta property=\"og:site_name\" content=\"MachineMarket Blog\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-19T22:39:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/08\/CAT-Mining.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1168\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/machine.market\/blog\/#organization\",\"name\":\"CraneMarket | Cranes for Sale and Rent\",\"url\":\"https:\/\/machine.market\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2019\/03\/crane-market-logo.png\",\"width\":282,\"height\":81,\"caption\":\"CraneMarket | Cranes for Sale and Rent\"},\"image\":{\"@id\":\"https:\/\/machine.market\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/machine.market\/blog\/#website\",\"url\":\"https:\/\/machine.market\/blog\/\",\"name\":\"MachineMarket Blog\",\"description\":\"Machine News\",\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/machine.market\/blog\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/machine.market\/blog\/wp-content\/uploads\/2017\/08\/CAT-Mining.jpg\",\"width\":2000,\"height\":1168},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#webpage\",\"url\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/\",\"name\":\"Retail sales of Caterpillar machines jump 12 percent - MachineMarket Blog\",\"isPartOf\":{\"@id\":\"https:\/\/machine.market\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#primaryimage\"},\"datePublished\":\"2017-08-19T22:39:58+00:00\",\"dateModified\":\"2017-08-19T22:39:58+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/\"]}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#webpage\"},\"author\":{\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\"},\"headline\":\"Retail sales of Caterpillar machines jump 12 percent\",\"datePublished\":\"2017-08-19T22:39:58+00:00\",\"dateModified\":\"2017-08-19T22:39:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/machine.market\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/cranemarket.com\/blog\/retail-sales-of-caterpillar-machines-jump-12-percent\/#primaryimage\"},\"keywords\":\"caterpillar\",\"articleSection\":\"Constuction & Business News,Manufacturer News,Mining News\",\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/machine.market\/blog\/#\/schema\/person\/d55314291bc2800387533231d1e82150\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/machine.market\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6761c958e8b054582d0855a0e4bc5407?s=96&d=mm&r=g\",\"caption\":\"admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts\/11825"}],"collection":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/comments?post=11825"}],"version-history":[{"count":0,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/posts\/11825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/media\/11826"}],"wp:attachment":[{"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/media?parent=11825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/categories?post=11825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/machine.market\/blog\/wp-json\/wp\/v2\/tags?post=11825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}