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Reuters

Reuters

Business

Business & Economics

Caterpillar's profit drops on weak demand, warns of annual sales hit from tariff

Reuters
Summary
Nutrition label

81% Informative

Caterpillar posted a drop in first-quarter profit, hurt by weak demand for its construction equipment.

Company said annual sales would be slightly lower from a year ago if it accounts for tariff impact.

Industrial giant had benefited from former President Joe Biden's 2021 infrastructure law.

High borrowing costs and persistent inflation have also pressured dealers to realign their inventory levels.

VR Score

92

Informative language

99

Neutral language

66

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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