BR100 Increased By (1.9%)
BR30 Increased By (1.3%)
KSE100 Increased By (1.66%)
KSE30 Increased By (1.87%)
AGHA 7.46 Increased By ▲ 0.01 (0.13%)
BECO 5.27 Increased By ▲ 0.03 (0.57%)
BML 57.26 Increased By ▲ 0.52 (0.92%)
BOP 34.75 Increased By ▲ 1.05 (3.12%)
CNERGY 11.06 Increased By ▲ 0.05 (0.45%)
CSIL 5.83 Decreased By ▼ -0.03 (-0.51%)
FCCL 56.42 Increased By ▲ 1.28 (2.32%)
FFL 16.41 Increased By ▲ 0.31 (1.93%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Increased By ▲ 0.06 (0.83%)
KOSM 6.15 Increased By ▲ 0.14 (2.33%)
LOTCHEM 27.12 Increased By ▲ 0.21 (0.78%)
MLCF 97.94 Increased By ▲ 2.01 (2.1%)
NBP 206.88 Increased By ▲ 3.60 (1.77%)
NCPL 56.42 Increased By ▲ 0.69 (1.24%)
NPL 65.77 Increased By ▲ 0.72 (1.11%)
OGDC 316.30 Increased By ▲ 2.19 (0.7%)
PACE 10.87 Increased By ▲ 0.38 (3.62%)
PAEL 42.30 Increased By ▲ 0.38 (0.91%)
PIBTL 16.78 Increased By ▲ 0.04 (0.24%)
PPL 220.69 Increased By ▲ 2.97 (1.36%)
PRL 63.65 Increased By ▲ 0.95 (1.52%)
PTC 71.82 Increased By ▲ 0.36 (0.5%)
SSGC 27.08 Increased By ▲ 0.34 (1.27%)
TBL 9.72 Increased By ▲ 0.06 (0.62%)
TELE 8.73 Increased By ▲ 0.25 (2.95%)
TPL 19.40 Decreased By ▼ -0.58 (-2.9%)
TPLP 14.78 Decreased By ▼ -0.16 (-1.07%)
TREET 23.40 Increased By ▲ 0.33 (1.43%)
TRG 61.41 Increased By ▲ 0.74 (1.22%)

imageNEW YORK: The US economy is on track to grow at a 3.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday following a report of a steeper-than-expected 3.2 percent drop in home resales in July.

The latest third-quarter GDP estimate was lower than the 3.6 percent figure calculated on Aug. 16, the Atlanta Fed said on its website.

Copyright Reuters, 2016

Comments

Comments are closed for this article.