A $21 Billion Dog’s Life

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Balasubramani Mariappan

Forget the flagging economy. Even as more people are loosing their homes, American pets are more pampered than ever.Americans spent $41 billion on their cuddly critters last year — roughly twice as much as they did in 1996 — and much of that growth comes from upscale pet spas and other luxuries, according to the American Pet Products Manufacturing Association.

“We’re noticing more baby boomers are pet owners and they are treating their pets like members of the family,” said APPMA President Bob Vetere in a statement. 

Photo © Astrid Stawiarz/Getty Images

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