Caterpillar - No Signs Of Improvement In The Precious Metals Sector

Despite recovery in the precious metals sector, Caterpillar did not improve the results of its Resource Industry segment in 2016. Look at the chart below:

source: Simple Digressions and Caterpillar data

As the chart shows, revenue went down from $7.6 billion in 2015 to $5.7 billion in 2016.

The only region where Caterpillar recorded a small improvement was Asia and the Pacific Ocean region:

source: Simple Digressions and Caterpillar data

However, the year-to-year Asia / Pacific sales declined in 2016 by 17%, compared to 2015.

Summarizing - there are generally no signs of improvement in the resource segment of Caterpillar.