Sunday 4 March 2012

US spending on pets 'passes $50bn'

Americans are spending more on their pets than ever before, according to estimates in a new report.
The American Pet Products Association (APPA) says spending on pets in the US passed $50bn (£31.5bn) in 2011.
Food and veterinary costs accounted for about 65% of the figure, but the category of "pet services" grew faster than any other, totalling $3.79bn (£2.39bn) in 2011.
Pet services includes grooming, boarding, pet hotels, and pet-sitting.

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