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The nation's factories boosted their output in August for the second straight month, the latest confirmation that an economic expansion is likely underway. Meanwhile, consumer prices rose last month, but mainly due to higher prices for gasoline.

Industrial production rose 0.8 percent last month, the Federal Reserve said Wednesday, following a 1 percent rise in July. The July increase had been the first since October 2008, and the report is among the strongest evidence yet that the economy made a shift this summer from contraction to expansion, at least as measured by gross domestic product.

Read the whole story at The Washington Post.

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