More than 46.3 million households own at least one dog today, and according to the latest data from the American Pet Products Association, we collectively spent an estimated $60.59 on our pets in 2015. That’s up from $55 billion in 2013. Even during the peak of the recession, Americans continued to spend more and more on their animals.
According to the APPA, in 2015, that spending breaks down like this:
- Food: $23.04 billion
- Supplies and Over-the-Counter Medicine: $14.39 billion
- Veterinary Care: $15.73 billion
- Pet Services (Grooming, walking, boarding): $5.24 billion
Most people don’t go into veterinary care just for the money, but because of their deep and abiding love for animals.… Read More...