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Economic roundup: GDP numbers revised down




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The gross domestic product numbers have been revised, and it's not good news: new calculations estimate the U.S. had 2 percent growth instead of 2.5 percent growth in the third quarter this year. Corporate profits are up though - 6.5 percent compared to a year ago. Also, Spanish debt is competing with Greece's debt as the least desirable. KPCC's Steve Proffitt explains.