By  on June 12, 2008

WASHINGTON — U.S. economic activity was generally weak in April and May across the country, according to the Federal Reserve's Beige Book report released Wednesday.

Seven out of the 12 districts tracked in the anecdotal report cited stagnant or declining economic activity. Four districts reported "slower, sluggish or modest economic growth" and three districts reported "softer, weaker or lower" levels of commerce.

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