pv for directory copy

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http://unix.stackexchange.com – I need to copy a very large directory (talking in terabytes here) and want to monitor the progress. I found that pv is a nice utility, but how can I use it for copying directories recursively? (pv src > dst doesn't work because they are directories) PS: Running on OS X Mountain Lion, pv was installed from Mac Ports (HowTos)