9BC Bilten) For something there may not be any money, but for pets - there has to be

Source: BC Bilten Friday, 14.10.2005. 13:17
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When pets start spending. Even when they are in bad financial situation American tend to spend huge amounts of money for kidney transplation of their cat or cataract surgery for their home duck. The veterinary industry of the USA is worth 12 bilion dollars, and its annual growth is over 7 %. The experts say that this industry has not felt any recession for over 70 years. «When the economy has downs, the business of animal treatment stays unchangeable. People are very elastic when it is the question of their pets. If they don't have children or they miss children, they treat their pets like humans. Also, the companies that provide veterinary services are distributed in a manner that they don't represent a competition to each other. This is why they have such a flow of money coming in» - says Arthur Henderson, analysist.

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