A 2015 study conducted by Dr. Terry L. Clower, Professor of Public Policy at George Mason University in Fairfax, Virginia, discovered that $11.7US-billion was saved in annual healthcare costs as a result of pet ownership.
“The pet industry is one of the fastest growing industries in large part because Americans are becoming increasingly aware of how pets improve our lives, mentally, physically and emotionally,” according to Doug Poindexter, a trustee of the Greenwich, Connecticut-based Pet Leadership Council trustee.
Anyone who has a dog would concur with this conclusion. All that walking, snuggling, and child-like delight in everyday encounters has to be good for our overall health. (Cat owners have a different set of criteria, but it’s all good.)
Just don’t ask Poindexter how much we end up spending on our pets, if you happen to have a weak heart.