Is the economy about to awaken from its long slumber? Gross domestic product grew at a solid 4.1% in the second quarter, its best pace since 2014, according to the 2Q 2018 Economic Outlook Update (EOU). Other highlights from the latest edition:

• The employment cost index increased 0.6% in the second quarter of 2018;
• The U.S. economy recorded the 110th consecutive month of growth by the end of the second quarter;
• The FOMC raised the target range for the federal funds rate to between 1.75% and 2.00%;
• The job report recorded the 93rd consecutive month of reporting gains by the end of the second quarter; and
• Pending home sales decreased 2.5% from one year ago.

Feel free to use all of the data from the EOU resource in your valuation reports because you get permission to quote all or part of the material (with proper attribution). Will the data withstand a challenge in court? Experts are allowed to quote from material similar experts typically use.