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pet spending: The Pet Spending Boom - How it Affects the Economy - 08/01/07 04:41 PM
Business Week's cover story this week addresses The Pet Economy - Americans spend an astonishing $41 billion a year on their furry friends, double the amount spent a decade ago.  That's more than what Americans spend annually on movies ($10.8 billion), video games ($11.6 billion), and music ($10.6 billion) combined.    And if that's not enough, annual pet spending is expected to hit $52 billion in the next two years.
Which leads me to the question - can the average, ordinary pet owner really afford all of this? Or do extravagances like $430 indoor pet potties, $30-an-ounce pet perfume, and $225 pet trench coats go straight on credit cards, not to … (3 comments)

 

Molly of The Pet Realty Network

Naples, FL

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