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Americans spend $53-billion a year on pets

Posted at: 02/25/2013 6:26 AM

Americans spend nearly $53-billion a year on their pets, according to the American Pet Products Association.
 
Four billion of that went to grooming and boarding last year -- one reason the APPA cites boarding facilities as one of the fastest-growing areas of the pet industry.
 
More than 46-million U.S. households own a dog while more than 38-million have cats.