But Caterpillar warned that even with the slight recovery, construction spending will remain depressed. And while Europe's economic crisis probably won't trigger a global recession, economic growth in eurozone counties is unlikely to improve until the second half of this year.Edward Rapp, Caterpillar's chief financial officer, said that despite the ongoing financial crisis in Europe, the company still stands to benefit from projects there.
Caterpillar 4Q Profit Rises, Tops Wall St. View
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