World Growth vs. Copper with 3-Month Lag; Iron Sinks to 5-Year Low; US Will Not Decouple

Copper is frequently cited as a leading indicator of economic activity because of its widespread use in many sectors of the economy, from homes and factories, to electronics and power generation and transmission. For that reason, some call it “Dr. Copper“. Inquiring minds may be wondering what copper has to say about future economic growth. The following charts will explain. World Growth vs. Copper

This post was published at Global Economic Analysis on September 10, 2014.