We Are Ga-Ga Over Our Pets

Thom cited an AP story in his daily roundup of marketing stories this morning  that says that Americans spent $48.7 billion on their pets in 2007, nearly twice the amount of a decade ago and growing at more than 7 percent a year. 

Doug Poindexter, president of the World Wide Pet Industry Association, is quoted as saying that the gift-giving trend reflects the growing humanization of pets in this country. 

Wouldn't know anything about that <g>.

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