Spending on pets is on the rise
Posted: 10/10/2011
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 This material may not be published, broadcast, rewritten, or redistributed.
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