Fear & Loading: The Firearm Industry's $49.3 Billion Impact

by
posted on April 18, 2016
economic_impact_2_lede.jpg

Yes, tax day is painful, but before you complain about surviving the next six months on chicken-flavored ramen, count your blessings your bill wasn’t $6.2 billion. According to the National Shooting Sports Foundation’s freshly released “Firearm and Ammunition Industry Economic Impact Report 2016”, that’s how much the firearm industry and employees paid in federal and state taxes for the year 2015.

The industry directly employs 132,584 at an average annual salary of $50,180, and its activity generates an additional 155,402 jobs. That’s a total of 287,986 who aren’t in unemployment or welfare lines. I’m not expecting those who would strip law-abiding citizens of their Second Amendment rights to grasp the magnitude of those figures—much less be capable of reading them, anyway—so let’s move on to some interesting tidbits.

States with the most jobs directly related to the firearm industry are:
Texas—14,700
California—14,130
Florida—9,447
Pennsylvania—8,044
Ohio—7,811

States with the fastest growth in gun-related jobs:
Wyoming
Alaska
Maine
North Dakota
Missouri

While the rest of the economy stalled to a zika-breeding stagnation, the gun industry has created 21,000 new jobs in the past two years and grown from an economic impact of $19.1 billion in 2008 to $49.3 billion in 2015—an increase of 158 percent.

So if one of your anti-gun friends or coworkers complains today about their IRS bill and the freeloaders riding the government gravy train, bring up these figures, explain the extra excise taxes firearm owners willingly pay throughout the year and the people employed. The odds are good they won’t let the facts get in the way of their opinion, but today, of all days, it may ring true differently—through their pocketbook. 

Latest

Springfield Armory Sa 35 High Power F
Springfield Armory Sa 35 High Power F

Springfield Armory SA-35 High Power: Classic, Modern, American

It’s been several years since the venerable Browning Hi Power was imported by its original European manufacturer. Now the classic is being made by Springfield Armory right here in the United States—
at a surprisingly reasonable price.

Review: Mossberg Optics-Ready MC2sc 9 mm Pistol

This well thought out, trimmed down, new striker-fired 9 mm Mossberg handgun with a red-dot optic is an ideal daily carry option.

The Armed Citizen® Oct. 25, 2021

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Review: Mossberg 590S Shockwave

This most recent version of the Mossberg 590 reliably feeds 1¾" mini shells for reduced levels of felt recoil and an increased on-board shell capacity.

Rifleman Q&A: Shotgun Proofmarks?

Read this 'Questions & Answers' column from the American Rifleman archives to learn about Belgian shotguns and their proofmarks.

Preview: Winnerwell Fastfold Titanium Camping Stove

Winnerwell, in partnership with Dwell Outdoors LLC for U.S. distribution, has upgraded its line of stainless steel tent stoves to include a design that is lightweight with increased durability provided by the company’s use of titanium.

Interests



Get the best of American Rifleman delivered to your inbox.