Tuesday, April 12, 2016

Firearms Industry Economic Impact Rises 158% Since 2008

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, while the total number of full-time equivalent jobs rose from approximately 166,000 to almost 288,000, a 73 percent increase in that period, according to a report released today by the National Shooting Sports Foundation, the industry's trade association.

On a year-over-year basis, the industry's economic impact rose from $43 billion in 2014 to $49.3 in 2015, a nearly 15 percent increase while total jobs increased from approximately 263,000 to almost 288,000, a 9 percent increase in the same period.


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