As head of PAWS Atlanta, Joe Labriola can get a good sense of the region's economic well-being from the day-to-day activity of the city's oldest no-kill animal shelter.
Through the course of the past year, it's become increasingly clear to him that people in the area are struggling under the weight of inflation and economic uncertainty.
since setting a fresh 40-year record of 9.1% in June 2022, as measured by the Consumer Price Index. However, during the past eight months, inflation in pet-related products and services has only worsened, rising in some cases to record-setting levels. "Throughout 2022, price increases were pretty extensive — all the way up to 20% and almost 30% price hikes versus the year prior — across the pet department," said Andrea Binder, vice president of North America Pet Retail at NielsenIQ. "In early 2023, we have started to see those start to taper off a little bit. Prices are still increasing but at a lower rate than they were in 2022."Prices are still increasing but at a lower rate than they were in 2022.
She added: "And they're our furbabies. We love them to pieces. So it's not really even a question. I need to find the money to keep them as healthy as possible so we can love them as long as possible."She doesn't go clothes shopping anymore, she buys cheaper cuts of meat, and she does try to sock away money in case her pets need a small medical procedure.
"We definitely, without question, have seen a dramatic increase in pretty much every one of those services," he said, noting that the pet food pantry in particular has seen spikes in demand. Adoption levels have remained essentially flat, but there has been a large decline in animals being transferred to other shelters because of staffing and driver shortages, she added."It's heartbreaking to know that there are situations where pet owners are being put in a position where they are making a decision about their pet, whether it's to surrender that pet to an animal shelter or they have to make a decision about euthanasia because they can't afford care, she said.
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