Puppies: The new indicator of prosperity?

It costs roughly $1,580 a year to own a medium-sized dog, according to the American Society for the Prevention of Cruelty to Animals, a price tag not just anyone can afford.

So perhaps it’s a testament to India’s growing prosperity that the total number of dogs increased by 58 percent there between 2007 and 2012, according to market research firm Euromonitor International—the fastest growth rate of the 53 countries surveyed.

read more: http://www.washingtonpost.com/blogs/worldviews/wp/2012/11/13/puppies-the-new-indicator-of-prosperity/

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