Americans spend more than $72 billion on pets—here's how dogs and cats became big business
December 06, 2019 at 11:39 AM EST
From Wall Street to living rooms and backyards, pets are becoming a massive part of American life. Pet care has become a $72 billion industry in the United States. In fact, the population of dogs and cats is predicted to grow at a faster rate than of humans in American, according to one forecast. Here's how dogs and cats became big business.