ATLANTA - The tough economy has Americans cutting corners in many areas of their lives.
But not when it comes to pampering their pets.
Americans will spend more than $50 billion on their animals this year, according to the American Pet Products Association.
Spending on pets has increased every year since 2001.
Food makes up much of the cost.
A typical dog owner will spend 254-dollars a year to feed Fido, not including treats, while cat owners shell out about 220-dollars.
TM and © 2011 Cable News Network, Inc., a Time Warner Company. All rights reserved.
Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Top Lifestyle Headlines
NORAD’s child friendly ‘Santa Tracker’ program is raising some eyebrows with its inclusion of F-18 Fighter Jets that will be traveling with Santa in this year’s virtual program.