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To: Johnny Canuck who wrote (47820)4/25/2012 2:47:07 PM
From: Johnny Canuck  Respond to of 69970
 

April 25, 2012, 2:16 PM ET Caterpillar: China’s Construction Stalled, But U.S. Motors On




Vipal Monga Senior Editor
Caterpillar’s strong first-quarter earnings report was mitigated somewhat by the company’s admission that sales in China had fallen off “significantly” as construction in that country slowed. However, company executives noted that, while growing in importance, China remains a very small part of Caterpillar’s overall business, and growth in the U.S. more than made up for the slowing.