Economic Impact of Firearm’s Industry

TOTAL IMPACT: $27.8 BILLION IN 2009
At a Capitol Hill briefing on Thursday, the National Shooting Sports Foundation released a newly commissioned report detailing the significant economic impact the firearms and ammunition industry has on the nation’s and each state’s economy. “During difficult economic times and high unemployment rates nationally, our industry actually grew and created 16,800 new, well-paying jobs,” said NSSF President Steve Sanetti. “Our industry is proud to be one of the bright spots in this economy.” The economic growth America’s firearms and ammunition industry experienced last year was driven by an unprecedented number of Americans choosing to exercise their fundamental right to keep and bear arms and purchase a firearm and ammunition. This coincided with the continued decline in accidental firearm-related deaths (more than a 60 percent decrease in the last 20 years) and a continued drop in crime rates nationally.
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