The Rise in Veterinary Spending & The Current Economy
I wrote a piece last week on the recession’s impact on veterinary medicine. In my research to help quantify things, I found some interesting data. For example, between 1980 and 2005, what people spend on veterinary services virtually doubled in real dollars. That means, even with adjustments for inflation, pet owners are spending about 100% more per year. And, for the “best clients,” who routinely take pets to the doctor (aka … you and me), it’s actually 124% of what it used to be. …
