If you haven’t already guessed, it’s now official.  American’s are CRAZY about their pets.  And when Business Week picks up on the trends, you know the numbers are worth talking about. 

From $900-a-pair Neuticles – allowing people to restore their pets to “anatomical preciseness”, to “hotels” instead of boarding kennels and even braces to fix crooked teeth, Business Week has the latest  in pet trends covered. 

Americans now spend $41 billion a year on their pets—more than the gross domestic product of all but 64 countries in the world. That’s double the amount shelled out on pets a decade ago, with annual spending expected to hit $52 billion in the next two years, according to Packaged Facts, a consumer research company based in Rockville, Md. That puts the yearly cost of buying, feeding, and caring for pets in excess of what Americans spend on the movies ($10.8 billion), playing video games ($11.6 billion), and listening to recorded music ($10.6 billion) combined.

Read more about how one pet owner spent $1,200 for a Hermès collar and leash, as well as $500 Chanel pearls for parties, or where you can find $430 indoor pet potties, $30-an-ounce pet perfume, and $225 pet trench coats.  NO KIDDING! 

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