gdp growth

Gainers

• Financial Select Sector SPDR (NYSE: XLF) up 1.56 percent to $12.40. Both Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS) reported quarterly earnings this morning, and markets are buying in.
  
  The ETF is being led higher by BofA (NYSE: BAC), which is up 5.5 percent on the session.
• United States Oil (NYSE: USO) up 0.42 percent to $33.57.

March 5 -- Ecuador's Minister of Production Nathalie Cely Suarez talks with Bloomberg's Pimm Fox about the country's economic model and growth.

Although its not the only indicator that matters of course, there is a glimpse of hope in the Economist Intelligence Unit Forecast projections of GDP growth worldwide in 2010.

(University of Alabama at Birmingham) H1N1 influenza could slow growth in key industries and stall already-weak GDP growth in the third and fourth quarters of 2009, says a health economist in the University of Alabama at Birmingham School of Business.

(Brown University) Measurements of economic growth often fall short for developing countries, particularly in sub-Saharan Africa, and are rarely calculated at all for cities throughout the world.

In a new working paper, three Brown University economists suggest a way to improve GDP estimates for such areas by using images of nighttime lights as seen from outer space.

Using a unique census dataset on all industrial firms (with more than 5 million yuan in sales), we document a phenomenon of missing entrepreneurship in Shanghai.

Entrepreneurship is defined as private, new entrants in our paper. Specifically, in terms of business density, the size of employment and a host of other measures, the relative ranking of Shanghai was always near the bottom in the country.