Caterpillar Sales Up 27% In Three Months To End Of January

Dealer sales rise lead by 47% increase in North American sales

Caterpillar said global retail sales of its construction and mining machinery rose 27% in the three months to the end of January, as sales activity in North America continued to outpace the rest of the world. In North America -- Cat's largest market -- dealer sales rose 47% in January, down from a 51% increase in December but better than the 41% increase reported in November.

(More on Caterpillar dealer sales . . . )