The U.S. Firearm Industry is Big, Important, and Growing: NSSF Economic Impact Report

The U.S. Firearm Industry is Big, Important, and Growing: NSSF Economic Impact Report


“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.”

That’s a heck of a quote proper there from the NSSF. Amazing to assume that the firearm trade has greater than tripled its sure impact on the U.S. economic system during the last twelve years. Whether saw by way of gross home product, taxes paid, or individuals employed, the financial affect of the firearm trade is huge.

Black Collar Arms (which I co-own) is proudly situated in Texas. We manufacture in Texas, anodize or nitride our components in Texas, Cerakote in Texas, purchase delivery containers made in Texas, and many others. Keeping that stuff inside Texas isn’t a rule of ours or something, however it’s a superb instance of how even only one small firearm firm can positively have an effect on many different industries and companies.

In TTAG’s residence state of Texas alone, the firearm trade is accountable for over $4.61 billion in complete financial activity. That’s 26,600 full time jobs and over $525 million paid in taxes.

Find stats in your state on NSSF’s web site HERE and the complete Economic Impact Report HERE.

 



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