FIREARM INDUSTRY ECONOMIC IMPACT RISES 232% SINCE 2008

The total economic impact of the firearm and ammunition industry in the United States increased from $19.1 billion in 2008 to $63.5 billion in 2019, a 232 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to over 342,330, a 106 percent increase in that period, according to a report released by the National Shooting Sports Foundation®, the industry’s trade association.

2020 – A RECORD-SETTING YEAR FOR FIREARM SALES

If I told you at SHOT Show® last year that the industry would see 21 million background checks for the sale of a firearm in 2020, you would have thought I was crazy. One year later and with the benefit of hindsight, this was truly a remarkable year for the industry across the board.