Commodities like copper are one of the best global macroeconomic indicators, and we’ve got copper in New Mexico. My colleague Rene Romo has a nice story in this morning’s paper (watch an ad to read it) translating the general into the specific:

“In past times, if you’d get laid off, you’d go somewhere else and find work,” said Antonio Soliz, a state Department of Workforce Solutions employment representative. “In the current times, there’s no place to go.”