Beige Book: Job Gains Widespread Across Fed Districts

The US economy is showing positive growth, as reported in the Federal Reserve's Beige Book. Economic activity expanded in October and November, with consumer spending and employment gains noted across districts. Wage and price inflation remain subdued, though there are slight increases in labor costs. Concerns include the impact of falling energy prices on the oil industry. Overall, the outlook is solid, influencing the Federal Reserve's decision on interest rates.

What concerns were raised regarding the construction and real estate activity?

What is the overall outlook for the economy according to the Beige Book?