Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Consumers may suffer but their dogs do fine

Posted by: Diane Brady on June 3, 2008

Consumer spending may be on the decline but a new survey finds that there’s one place many of them refuse to cut back: pet pampering.

An online poll by found that 79% of people are cutting back on personal expenditures such as food and entertainment at the moment. But the vast majority (87%) refuse to change their pet’s food to a less expensive brand.

Some might think that’s because Fido is already eating rendered meat parts but, as we wrote in a cover story last year, many pet owners are moving up the scale in offering their animals everything from organic meat to country-style recipes.

That said, Associated Press reports that animal welfare agencies and food banks are noticing an upswing in demand for free pet food. When the economy takes a big enough bite, it seems, everyone in the family will suffer.

Reader Comments

Thomas H

June 5, 2008 10:57 PM

Hello Diane, I believe I have an explanation. It's really obvious for us pet owners but not so for others. In general, dogs and cats especially in the US are not treated like animals. They are treated like kids, just part of the family. As a parent, you don't mind cutting back on what you eat while your "kids" will always have the best.


Post a comment



How can you manage smarter? Bloomberg Businessweek contributors synthesize insights from the brightest business thinkers, critique the latest management trends, and comment on leaders in the news.

BW Mall - Sponsored Links

Buy a link now!