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Spending More on Your Pets? So Is the Rest of the Country

People spent a whopping $63 billion on their pets last year, and the number is rising.

Treating your pets to the good life? You're not alone. Spending on dogs, cats and other pets in the U.S. alone is huge and becoming even bigger.

People spent a whopping $63 billion last year on their pets, it is estimated, and the number is increasing. Spending on pet health and well-being is advancing faster than human health care spending so far this decade.

To paint you a picture of why -- there are about 80 million dogs in the U.S. and 96 million cats, a larger combined population than human children in the nation.

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This article was written by a staff member of TheStreet.