Economy’s impact on commodities
Author
Published
5/10/2021
There are more signs of an improving economy that are supporting commodity values. This isn't just in the United States, but around the world. The global economy has rebounded 5.6% this year and is expected to show another 4% of growth next year. As a result, more consumer spending is expected.
One sign of the improvement is an increase in energy product demand. Gasoline demand in the United States last week was the highest of the past year as more travel restrictions from COVID-19 are...
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