This week: Old people, pet treats, and spa visits.

$7.1 trillion

Annual U.S. spending by “the 60-plus population,” according to the AARP. Even so, AARP says, “We don’t see a lot of products and service being developed specifically with the interests and needs of older people in mind.”

$100 billion

What Americans spent on summer vacation this year, according to Allianz. That’s “a 12.5 percent increase over last year.” Which is weird, because “23 percent say that annual vacations are not at all important to them.” So everyone else is taking a  lot of vacation time.

$6 billion

“The U.S. retail market for pet treats,” according to Packaged Facts. Roughly 30 percent of dog and cat owners are “purchasing pet treats with no artificial ingredients,” while 17 percent are “purchasing GMO-free treats.”

184 million

Total “spa visits” in 2016 by stressed-out Americans, according to the International SPA Association. Those people spent $16.8 billion, which is actually kind of stressful.

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Michael Koretzky

Michael Koretzky

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Koretzky is a PFE-certified debt management professional and the editor of Debt.com.

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Article last modified on October 9, 2017. Published by Debt.com, LLC . Mobile users may also access the AMP Version: Trillions And Billions And Millions - AMP.