U.S. maintains slight to modest pace of economic growth: Fed Beige Book

WASHINGTON, July 17 (Xinhua) -- U.S. economic activity maintained a slight to modest pace of growth in a majority of districts from late May through early July, with more districts reporting flat or declining activity, the U.S. Federal Reserve said in its Beige Book released on Wednesday.

While seven districts reported some level of increase in activity, five noted flat or declining activity -- three more than i