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very good thursday morning to you . i m jim sciutto. i m poppy harlow. this just in to cnn, important news for the u.s. economy, the nation s gross domestic product, how much the economy grew or shrank, declined less than previously thought in the second quarter of this year. revised up from negative .9% to negative .6%. it may not sound like much. it shows our economy is shrinking. cnn chief business correspondent christine romans joins us now with more. we often have seen revisions like this, with jobs figures, sometimes in both directions, sometimes in a positive direction, what is the significance of the revision here? it means the economy is less lousy in the second quarter than we thought, and in fact consumer spending and corporate profits were stronger and that is an underpinning here of the u.s. economy. you look at quarter by quarter by quarter, you see two quarters in a row of a shrinking u.s. economy. but shrinking much less in the second quarter than the fi

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