Growth in 2009
From American Pet Products Association
APPA forecast 4.9% growth in pet spending to $45.4 billion for 2009. “These numbers further demonstrate that people are more willing to sacrifice on themselves before trimming back on their four-legged friends”, said Bob Vetere, APPA president. “People want to reward their pets in human terms and even in this economy are still demanding the highest-quality products and services. The pet industry continues to grow at a record pace and has proven to remain strong during times of change, stress and setbacks”.
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