Saturday, September 1, 2007

The "Pet Economy"

Great article in Business Week about the current state of the pet economy. According to the article, "Americans spend an astonishing $41 billion a year on their furry friends."

Other great stats and trends are also featured in this article, including the booming business of buying fake testicles for your dog to replace the ones removed during neutering. Yup, I said it, fake testicles - and they get implanted back into the dog.

http://www.businessweek.com/magazine/content/07_32/b4045001.htm/,

2 comments:

jan said...

Sometimes people forget that spending money on pets provides a lot of jobs, income, etc. for humans too. It's an important part of the economy.

Matt said...

Good Point, Jan. I know my spending has contributed to the Pet Economy.