Following a dramatic March 2 raid that saw the company’s Peoria, Ill., headquarters and two other nearby facilities searched by federal officials, Caterpillar offered few new insights into the long-running tax investigation that likely prompted the action.
Construction spending in the U.S. fell by 0.2% in December, to a seasonally adjusted annual rate of $1.18 billion, according to the U.S. Dept. of Commerce’s Census Bureau.
