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
indeed, good to have you. i m jim sciutto. justice department facing a noon deadline, two hours from now, to give a judge and we should be clear a redacted version, perhaps highly redacted of the affidavit behind the search warrant for the mar-a-lago home of the former president. the judge will then decide whether to release that redacted version to the public or continue to keep it under wraps. plus, new details about the national archives multiyear effort to get former president trump to hand over classified documents from his time in office. a top white house lawyer at the time told trump he should hand those documents over. so why didn t it happen? key question. also overnight, the department of justice releasing an unredacted full memo from 2019 that unveils why former attorney general bill barr decided then president trump could not be charged with obstructing the russia probe. we ll break down what is ahead in all of that. all right, let s begin this morning with
to keep everyone dry. and stop them from flooding, so more rain is expected. i want to show you the weather maps because you can see where all of ur flood watches are. we have flood watches, river flooding is a huge concern as we go forward over the next couple of days. so you can see where the green is on the map. forecast accumulation, we could see anywhere from 2 to 4 additional inches of rain, and just about an hour ago, a town just to the southwest of mobile picked up more than 5 inches of rain in one hour, incredible, so that s the problem now. poppy and jim, when you have the soils that are so saturated, where any of those heavy downpours set up, we could see another flash flooding situation. no question. you described it like a brick, a dry brick and the water runs off it. jennifer gray, thank you so much. exactly. top of the hour. good morning, everyone. glad you re with us. i m poppy harlow.