The Capital Spectator will go dark for a few days. Hey, it’s (still) summertime, right? The normal schedule of fun resumes on Monday, August 20. Cheers!

Industrial production grew at a substantially faster pace in July vs. June, the Federal Reserve reports. The encouraging news comes on the heels of yesterday’s better-than-expected retail sales report for July. Considering these data points in context with a broader read on economic conditions strengthens the case for expecting economic growth in the near term.

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