Fed's Beige Book Points to Slight to Moderate Growth to End Year

The video discusses various economic indicators, including consumer spending, labor markets, and industry growth. Consumer spending increased moderately, with strong holiday sales. Labor markets showed slight improvements, with no reported declines. Service industries, especially healthcare, saw growth, while construction employment rose slightly. Manufacturing remained flat, but wage growth picked up moderately. Prices increased modestly, with overall growth rates ranging from flat to moderate. The economic report met expectations.

What was the trend in consumer spending according to the report?

• It increased sharply.

• It moved up moderately.

• It remained unchanged.

• It decreased significantly.

How did most districts report their holiday sales?

• Met expectations

• No change

• Exceeded expectations

• Below expectations

What was the trend in labor markets across the districts?

• All districts reported a decrease.

• Some districts reported an increase, others no change.

• All districts reported an increase.

• All districts reported no change.

Which service industry notably continued to see growth?

• Finance

• Healthcare

• Retail

• Education

What was the overall trend in wage growth?

• It decreased significantly.

• It picked up at a moderate pace.

• It increased sharply.

• It remained flat.