WASHINGTON — Industrial production grew, albeit at a slowerpace, in July, the Federal Reserve reported today.

Total industrial production grew .2% last month, compared with.4% in June and was down .1% from July 2007. July's increase wasthe second month in a row of growth after four consecutive monthsof declines in industrial production.

Manufacturing output increased .4%, and that was caused in partby a 3.6% increase in motor vehicle and part production. However,manufacturing was still down 1.1% from last July.

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