Caterpillar Reports Increase in Quarterly Profit

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And lastly Caterpillar giving us a read on the global economy, Chris, what can you tell us? And that's right. So investors soured. It turns out on Caterpillar shares earlier due to signs of slowing machinery demand. It's a massive multinational equipment company and it reported a double digit rise in profit last quarter by rising inventories and less backlog indicated that equipment demand might have peaked or backlog dropped $2.6 billion during the quarter and less order backlog is considered a leading indicator of the demand is slowing Kristen Scholl on the floor of the New York Stock Exchange. Christen. Thank you so much.