Copper demand mirrors economic growth

Copper Investing News reports the demand for copper is weakening due to the slow economic growth.

Japan and Germany are in a full-fledged recession, and China and the U.S. are in bear markets teetering on the brink. The metal has lost more than half of its value since June 30 as declines in manufacturing; tighter credit markets and bank losses eroded global growth. Copper is headed for its first annual loss since 2001, the last time the U.S. was in a recession.

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