The below article examines the increase in consumer confidence as indicated by the influx of sales during Black Friday and Cyber Monday. We see how the retail industry plays a big part in US GDP - making up nearly 2/3 of it. Through this example, we see in context how consumption is a large part of GDP, even today.
source: http://www.forbes.com/sites/lydiadishman/2011/11/30/recession-woes-winning-the-war-for-retail/
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