Forget the jobs report, this must be the clearest indicator that the economy is recovering.
Americans are expected to spend a record $370 million this year on Halloween costumes for pets, according to the National Retail Federation. That's a whopping 40 percent more than what we spent on our pets just two years ago.
While the recession may have taken a toll on pet ownership, as Americans own fewer pets than they did in 2006, it seems we're not penny pinching when it comes to buying our animal friends top-of-the-line products. National pet spending surpassed $50 billion for the first time in 2011.
The average American is expected to spend $79.82 on Halloween this year, according to the NRF. Nationwide, spending is expected to hit $8 billion.
(Hat tip: Moneyland)
Check out some of our favorite pet Halloween costumes!
It's a pig in a blanket! No wait, it's a dog in a pig's blanket? I'm confused.
Looks like there is more than just beef in that taco...
Now your dog can show his true colors after leaving you a little present on your carpet.
Please, no ketchup for me, just mustard.
The Runaway Bride
Julia Roberts ain't got nothing on this pooch.
Can someone give this dog a bone? PLEASE?
What's black and white and red all over?
No Halloween celebration is complete without a haunted black cat running around!
A Tiger Dog
I am tiger hear me ROAR!
A Tiger Cat
No I am a tiger! Or at least a cat, which is in the same family.
So cute...but a nightmare for someone with allergies!
Dorothy from The Wizard of Oz
Has anyone seen The Tin Man?
It's a bird! It's a plane! It's a.....dog?
It used to be that your dressed up your baby like a pumpkin. Now it's one of the most popular costumes for your dog.