Recovery? Don't Tell That To Metals Producers

As economists scan the horizon for signs of economic recovery, one leading indicator is conspicuous by its lackluster performance. Sensitive materials prices, which normally perk up as business starts to turn around, have been falling steadily since the third quarter of last year. "If we're on the verge of a vigorous upturn," says economist Christopher Plummer of economic consultants WEFA Group Inc., "it's certainly not apparent in industrial commodity prices."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.