Firearms industry economic impact nearly doubles in five years

The total economic impact of the firearms and ammunition industry in the United States increased from $19.1 billion in 2008 to $37.7 billion in 2013, a 97 percent increase, while the total number of full-time equivalent jobs rose from more than 166,000 to more than 245,000, a 48 percent increase in that five-year period, according to a new National Shooting Sports Foundation report.

Stephen L. Sanetti, NSSF President and Chief Executive Officer, notes that "While our nation's overall economic recovery has been slow since 2008, our industry has been a true bright spot, increasing our direct workforce by nearly half, adding jobs that pay an average of more than $47,700 in wages and benefits."

The Firearms and Ammunition Industry Economic Impact Report: 2013 provides a state-by-state breakdown of job numbers, wages and output covering direct, supplier and induced employment, as well as federal excise taxes paid.

Access the full report here.