The following video is part of our daily MarketFoolery podcast, in which host Chris Hill and advisors Joe Magyer and James Early discuss the day's business and investing news. Caterpillar made headlines today for big earnings and for its economic forecast. Joe and James discuss strong dividend stocks, as well as the companies that truly act as economic bellwethers for the United States.

3M is one of the companies featured in The Motley Fool's report on dividend stocks that are your best bet to beat inflation. It's called "13 High-Yielding Stocks to Buy Today," and you can get access to it right now at no cost. Simply click here – it's free.