The Federal Reserve's Beige Book reported slight labor market growth in a still moderating US economy. But what exactly is the Beige Book?Yahoo Finance anchor Madison Mills joins Wealth to explain the economic data reported across the United States's 12 Fed districts — labor data, prices and inflation, and housing — while including cases of anecdotal evidence.

Yahoo Finance’s Wealth helps you manage your financial life from retirement planning to preparing your taxes.

Find this and other episodes of Wealth at https://finance.yahoo.com/videos/series/wealth/.

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Yahoo Finance's Wealth is hosted by Brad Smith.

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