Caterpillar Global Sales Rose in August

Sales of Caterpillar heavy equipment rose 34% in August despite the slow U.S. and European economies.

In a report filed with the Securities and Exchange Commission, Caterpillar said its global sales of heavy equipment rose 34% in August. 

The largest area of growth was in Latin America, where sales of equipment rose 43%. Caterpillar's sales figures are often looked at as an indicator of the global economy's health.

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