CAT · 10-Q · 2026Q3 · Full report

Construction End-Market Demand

CATERPILLAR INC · 2026-11-04 · Importance 38 · Surprise 24

Caterpillar expects strong fourth-quarter and full-year 2026 growth in Construction Industries equipment sales to end users, supported by healthy end markets. North American demand is supported by healthy construction spending and non-residential investment in infrastructure and data centers; Europe is expected to remain stable, while African construction activity is projected to remain strong. China is expected to see moderate conditions and growth in the above-10-ton excavator industry from low activity levels, while growth is expected to continue in Latin America.

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