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 noted about wage growth in the text?

Describe the overall economic conditions mentioned in the report.