left-side view smith & wesson black revolver rack display show dark ominous

Firearm Industry Sees Substantial Growth In 2021

On a year-over-year basis, the industry’s economic impact rose from $63.5 billion in 2020, to $70.52 billion in 2021. Jobs directly related to firearms, ammo and accessories increased by more than 33,000 in that 12-month span.

Firearms, Ammunition Tax Revenues Skyrocket

Federal excise taxes for the first quarter 2009 are up 43 percent over the same period last year.

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