<p>If that cat is sold in a pet store (i.e. it's a recorded market transaction) then it does increase GDP. It is counted as private consumption in that case.</p>

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2024-10-04T15:43:48.260Z
2024-10-28T01:06:06.177Z
2024-10-28T01:06:06.177Z
csilvia
<p>So for example, say a cat is bought for 1000 dollars and thousand cats are bought. Does that mean the GDP goes up by million. Is the cat a used product or are pets bought not counted in GDP?</p>

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2024-10-04T21:34:50.120Z
Line 92 in https://fred.stlouisfed.org/release/tables?rid=53&eid=44686#snid=44778 if you are in the US.
AKdemy
<gdp>
Does buying a pet contribute to GDP?
Meme
# Does buying a pet contribute to GDP?

(Asked by: username_0 on 2024-10-02)

So for example, say a cat is bought for 1000 dollars and thousand cats are bought. Does that mean the GDP goes up by million. Is the cat a used product or are pets bought not counted in GDP?

**Tags:** gdp
> **Comments:**
> **username_1**: Line 92 in https://fred.stlouisfed.org/release/tables?rid=53&eid=44686#snid=44778 if you are in the US.  

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## 1 answers

### Answer by username_2 on 2024-10-04. Score: 3

If that cat is sold in a pet store (i.e. it's a recorded market transaction) then it does increase GDP. It is counted as private consumption in that case.


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