Pets take bite out of millennial wallets

Americans own more pets than ever before – and that means they are spending more on their animals.

The number of American households with a pet rose to 84.6 million this year, up from 79.7 million animal-owning households in 2015.

In 2017, pet expenditures nationwide are expected to reach an estimated $69 billion, according to data from industry trade organization American Pet Products Association (APPA).

That means each American household is slated to spend an average $816 on pets this year.

Read the full article in the Aug. 24 issue of Navarre Press. Subscribe online at navarrepress.com for as little as $38 per year.

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