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- Swisscom posts 32 percent drop in 3Q net profit
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Where pet owners are spending their money
According to industry statistics, nearly one out of every three U.S. households has a pet. That's a lot of tails, scales and paws to pamper during the holidays.
Here's a breakdown of the $43.4 billion the American Pet Products Association estimates pet owners will spend this year.
_Food: $16.9 billion.
_Veterinary care: $10.9 billion.
_Supplies, toys and over-the-counter medicine: $10.3 billion.
_Pet services (Grooming, boarding, etc.): $3.2 billion.
_Live animal purchases: $2.1 billion.
Source: American Pet Products Association
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