In today's economy out of all the holidays Christmas is the one that that trumps them all when it comes to consumer spending. In 2010 there was $584.3 billion spent on Christmas decorations and gifts in the month of December leading up to Christmas Eve. On Christmas Eve alone 23 million people were out shopping for last minute gifts. These statistics show that our economy is definitely one that is based heavily on consumption. With out this or economy would definitely fall apart.
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