From

https://finance.yahoo.com/news/the-f...162927588.html

Fluffy Puppy Indicator flashing red!

(Spending on puppies as a leading economic indicator? Why not? )

Over the four-weeks that ended April 9, sales of pet supplies — in other words non-food items that pets don't need to live — fell 1.9%, according to the latest data from Nielsen. That's a sharp drop-off from the 12-week average increase of 3.6%.

Pet grooming sales also plunged 19.2% while dog accessories fell 12.1% and pet bed sales declined 12.7%. The lone increase of any size came in cat litter, which saw an 11.7% gain.

Early signs of less discretionary spending on furry loved ones are a Fluffy Puppy Indicator for the health of the economy in the coming quarters. After all, who doesn't want to keep Fido happy?

More: https://www.aol.com/fluffy-puppy-ind...162927187.html




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