NSSF: Firearms Industry Booming Since 2008

by
posted on April 12, 2016
nssf_logo_new_f.jpg

The National Shooting Sports Foundation (NSSF) has released its 2016 industry economic impact report, and the numbers are staggering: The total economic impact of the firearms and ammunition industry in the United States increased from $19.1 billion in 2008 to $49.3 billion in 2015, a 158 percent increase. Meanwhile, the total number of full-time jobs in the industry rose from approximately 166,000 to almost 288,000, a 73 percent spike.

The full report, titled "The Firearms and Ammunition Industry Economic Impact Report: 2016," can be accessed here.

More recently, the industry's economic impact rose from $43 billion in 2014 to $49.3 billion in 2015, a nearly 15 percent increase.

"Our industry is proud to be one of the truly bright spots in our economy as an unprecedented number of Americans have chosen to exercise their fundamental right to keep and bear arms and to safely enjoy the shooting sports," said Stephen L. Sanetti, NSSF president and chief executive officer. "In response to that dynamic, we have increased our direct workforce by about 21,000 in the last two years alone, adding jobs that pay an average of more than $50,000 in wages and benefits. In addition, since 2008 we increased federal tax payments by 144 percent, Pittman-Robertson excise taxes that support wildlife conservation by 92 percent and state business taxes by 96 percent."

For more information, go to NSSF.org.

Latest

Herman Shooting Renegauge Truetimber Prarie
Herman Shooting Renegauge Truetimber Prarie

#SundayGunday: Savage Renegauge Prairie

Get a closer look at the Savage Renegauge in TrueTimber Prarie, the latest addition to our #SundayGunday series.

New for 2022: Benelli SBE3 28-Gauge, 3-Inch

For 2022, Benelli raises the bar in the growing sub-gauge movement with the release of the 28-gauge Super Black Eagle 3, featuring a 3-inch chamber.

Winchester Debuts Bismuth Waterfowl Ammunition

Winchester's Bismuth brings to market a premium, uniform shot, which is tin-plated to produce smooth and round bismuth.

First Look: Rock River Arms Predator HP LAR-BT3

Chambered in the venerable .243 Winchester, the new Predator HP LAR-BT3 is field ready and capable of MOA accuracy.

First Look: TNT T-Rex Pro Treestand in Realtree Edge Camo

Weighing in at just 21 pounds, the True North Treestands (TNT) T-Rex self-climber in Realtree Edge camo is a stand-up/sit-down style all-aluminum stand that features True North's new patent-pending "T-Rex” toothed dual-cable design and the Rapid Claw attachment system.

First Look: Primos Trigger Stick Apex Carbon Fiber Tripod

With carbon-fiber-wrapped aluminum legs and a solid Apex-Clamp design, the Trigger Stick Apex Carbon Fiber Tripod allows firearms or crossbows to be secured to it.

Interests



Get the best of American Hunter delivered to your inbox.