Are Vets Feeling the Pinch? What Pet Spending Data Really Shows

As the U.S. continues to be a nation of animal lovers, new insights from Bank of America and the American Pet Products Association (APPA) shed light on how pet ownership and spending habits are evolving in 2025. With nearly 94 million households owning at least one pet, dogs remain the most popular companion, followed closely by cats, fish, birds, and other animals.