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Will spending on pets stall?
Will a slow economy stall spending on pets? That question has yet to be answered, but it's a sure thing that no matter what, we'll still be spending plenty on our pets. For 2008, the American Pet Products Manufacturing Association has estimated that $43.4 billion will be spent on pets in the United States. The breakdown (in billions):
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| Food
| | $16.9 |
| Veterinary care
| | $10.9 |
| Supplies/over-the-counter
medicine | | $10.3 |
| Pet services (grooming, boarding, etc.)
| | $3.2 |
| Live-animal purchases | | $2.1 |
Source: American Pet Products Manufacturers Association
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