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What is Pet Halloween Costume Spending Trends about?

American consumers are expected to spend $370 million on pet costumes for Halloween in 2012, a 40% increase from 2010. This enthusiastic spending on pet costumes reflects the larger trend of increased spending on pets in general. Last year, consumers spent a record $51 billion on pets, expected to rise again this year. Experts cite several reasons for increased pet spending, including that pets provide stress relief and companionship as social connections have decreased and more people live alone. They also

Author

aprewitt84

Language

EN