Pet Lovers Spend Lavishly
Despite the econonomic recession, if not depression, that has currently engulfed the United States, the American Pet Products Association recently reported that animal lovers will spend a record $50 Billion Dollars on their pets this year.
In addition, pet ownership continues to increase year over year, and now almost two-thirds of all U.S. households co-exist with pets.
In a time when even the most affluent are allowing mortgage payments to go unpaid, opting not to carry medical insurance and stressing about how they will cope with dwindling retirement accounts, the seemingly necessary relationship between humans and companion animals seems to contiune to grow.
Pet Lovers Spend Lavishly
Despite the economic recession, if not depression, that has currently engulfed the United States, the American Pet Products Association recently reported that animal lovers will spend a record $50 Billion Dollars on their pets this year.
In addition, pet ownership continues to increase year over year, and now almost two-thirds of all U.S. households co-exist with pets.
In a time when even the most affluent are allowing mortgage payments to go unpaid, opting not to carry medical insurance and stressing about how they will cope with dwindling retirement accounts, the seemingly necessary relationship between humans and companion animals seems to continue to grow.
The Economy and Your Pets
Is the economy affecting your pet’s life?
I cannot figure this out.
One article states that the dismal economy is having an adverse effect on families who can no longer afford to properly take care of their pets.
More are abandoned.
Less veterinarian treatment is being sought.
Food budgets are strained.
Then the next article states that this is one area of consumer spending that pet guardians are refusing to reduce.
Pets come first.
More luxurious lifestyles are maintained.
More toys, trinkets and unnecessary purchases.
Let me know, is the economy affecting your pet’s life?
