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Caterpillar Just Slashed Its Outlook for 2016

Construction Ahead Of Housing Starts FiguresConstruction Ahead Of Housing Starts Figures
A Caterpillar Inc. 953C track loader moves soil to a dump truck as contractors work during the construction of residential housing in the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, Nov. 16, 2015. Photograph by Luke Sharrett—Bloomberg via Getty Images