The pet industry generated more than $221 billion in direct, indirect and induced economic impact, according to a new study conducted by George Mason University. The economic analysis also showed the pet industry supported over 1.3 million U.S. jobs in 2015 that paid more than $60 billion in salaries, wages and benefits. Consumers spend over $77 billion on their pets annually. Pet food and veterinary services are the two leading sources of spending Other sectors considered in the study include manufacturing of pet supplies and toys, pet pharmaceuticals, grooming, boarding and other services, and the emerging pet health insurance industry.

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