CAT · News · 20260820N

Construction End-Market Demand

CATERPILLAR INC · 2026-08-20 · Importance 26 · Surprise 24

North American construction demand was described as robust and contributed to strong activity for Caterpillar and Cummins. At the same time, some traditional construction segments face headwinds, indicating an uneven end-market recovery. Data-center construction is providing an incremental source of equipment demand and may also be attracting competitors such as Deere into construction equipment. The reporting did not identify a specific major customer win or loss.

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