Visitors Now: | |
Total Visits: | |
Total Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
Despite a dragging economy and high unemployment in the U.S., it appears that we are not transferring our collective belt-tightening onto our pets. According to the Associated Press, Americans spent more than $53 billion on pets in 2012 – a new high.
The figure represents a 5-percent increase from 2011, when American pets spending exceeded $50 billion for the first time.
Of the total amount, about two-thirds was spent on food and veterinary care. But spending on other products and services grew at increased rates. For example, spending on supplies and over-the-counter medicine grew more than 7 percent. Money spent on luxuries like grooming, boarding, hotels and petsitting rose about 10 percent.
The American Pet Products Association is predicting a similar total bump of about 4 percent this year. Clearly, while Americans continue to bicker about who’s to blame for the struggling economy, we can all agree our pets aren’t responsible, and we’re proving it by not slowing down our spending on them any time soon.
TOYS FOR DOGS WHO RUIN EVERYTHING:
Permalink | Email this | Comments
Do you love pets? Then you\’ll love Paw Nation! Check out our animal news, adorable photos, funny videos, product reviews, giveaways and great articles on pet care and health at pawnation.com. You’ll also want to be sure to submit a photo of your pet to our Cute Pet of the Day column.
Click here to join our Facebook page.
Click here to follow us on Twitter.
2013-02-25 10:46:31
Source: http://www.pawnation.com/2013/02/25/americans-spent-more-than-53-billion-on-pets-in-2012/