Firearm Industry Creates $49.3 Billion Economic Impact In 2015

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

Taurus Deputy Rifleman Review 1
Taurus Deputy Rifleman Review 1

Rifleman Review: Taurus Deputy

Recently, Taurus USA introduced a throwback in the form of its Deputy, a single-action revolver that would be more at home during the days of the Old West than in 2025.

New For 2025: Canik Mete MC9 Prime

Based on Canik's popular Mete MC9 concealed-carry pistol, the MC9 Prime is an entirely upgraded platform that incorporates modifications requested by U.S. consumers.

Rifleman Q&A: Argentinian Auction Piece

"I purchased this .22-cal., six-shot, double-action revolver with a very good bore at auction. The barrel is 1.5" long, octagonal and engraved. Can you tell me more about it?"

The Rifleman Report: Magnificent Milestones

The last major milestone that I remember marking our nation’s founding, the 1976 bicentennial, occurred when I was a high schooler, a year before I enlisted in a nearby military academy’s Junior ROTC program.

 

NRA Partners With Specialists To Enhance Hearing Health

Start Hearing and SoundGear have partnered with the NRA to promote hearing health, safety and protection among members.

Bill Bachenberg Elected NRA President, Doug Hamlin Unanimously Reelected as NRA Executive Vice President & CEO

Today, the Board of Directors of the National Rifle Association of America (NRA), elected Bill Bachenberg of Pennsylvania as President of the NRA and Doug Hamlin as NRA Executive Vice President & CEO.

Interests



Get the best of American Rifleman delivered to your inbox.