{"id":30199,"date":"2020-04-14T14:19:40","date_gmt":"2020-04-14T14:19:40","guid":{"rendered":"https:\/\/onlygunsandmoney.com\/?p=30199"},"modified":"2020-04-18T16:28:20","modified_gmt":"2020-04-18T16:28:20","slug":"the-economic-impact-of-the-us-firearms-and-ammo-industry","status":"publish","type":"post","link":"https:\/\/onlygunsandmoney.com\/?p=30199","title":{"rendered":"The Economic Impact Of The US Firearms And Ammo Industry"},"content":{"rendered":"<div class='__iawmlf-post-loop-links' style='display:none;' data-iawmlf-post-links='[{&quot;id&quot;:4940,&quot;href&quot;:&quot;https:\\\/\\\/www.nssf.org\\\/firearm-industry-economic-impact-rises-213-since-2008&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;https:\\\/\\\/www.nssf.org\\\/articles\\\/firearm-industry-economic-impact-rises-213-since-2008\\\/&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;},{&quot;id&quot;:4941,&quot;href&quot;:&quot;https:\\\/\\\/d3aya7xwz8momx.cloudfront.net\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/2020-Economic-Impact.pdf&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;},{&quot;id&quot;:4942,&quot;href&quot;:&quot;https:\\\/\\\/www.nssf.org\\\/government-relations\\\/impact&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;https:\\\/\\\/www.nssf.org\\\/government-relations\\\/impact\\\/&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;}]'><\/div>\n<p>The National Shooting Sports Foundation, the real gun lobby, released<a href=\"https:\/\/www.nssf.org\/firearm-industry-economic-impact-rises-213-since-2008\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\"><strong> a report last week that detailed the economic impact of the firearms and ammunition industry in the United States<\/strong><\/a>. It is a lot bigger than the gun prohibitionists would have you believe and it is indicative of why it is considered an essential industry.<\/p>\n\n\n\n<p>Since 2008, the economic impact has grown 213% to $60 billion as of 2019. Just as importantly, the number of full time job equivalents has doubled from 166,000 to 332,000.<\/p>\n\n\n\n<p>More details on the economic impact from the NSSF report:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>On a year-over-year basis, the industry\u2019s economic impact rose from $52 (billion) in 2018 to $60 billion. Total jobs increased by 20,000 in the same period, from nearly 312,000 to over 332,000. The broader impact of the industry flows throughout the economy and supports and generates business for firms seemingly unrelated to firearms at a time when every job in America counts. These are real people, with real jobs, working in industries as varied as banking, retail, accounting, metalworking and printing, among others.<\/p><p>The firearm and ammunition industry paid over $6.74 billion in business taxes, including property, income and sales-based levies.<\/p><p>\u201cOur industry continues to show the steady and reliable growth that is a hallmark of a healthy industry,\u201d said Joe Bartozzi, NSSF President and CEO. \u201cThe workers who comprise our ranks are the fabric of our communities. They produce the highest quality firearms and ammunition that millions of law-abiding Americans rely upon to exercise their fundamental right to keep and bear arms and safely enjoy the recreational shooting sports. This growth translates to more jobs that add to our local economies, averaging $55,200 in wages and benefits. In addition, since 2008 we increased federal tax payments by 162 percent, Pittman-Robertson excise taxes that support wildlife conservation by 79 percent and state business taxes by 116 percent.\u201d<\/p><\/blockquote>\n\n\n\n<p>The full report is <a href=\"https:\/\/d3aya7xwz8momx.cloudfront.net\/wp-content\/uploads\/2020\/04\/2020-Economic-Impact.pdf\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>.<\/p>\n\n\n\n<p>The NSSF has also provided an <a href=\"https:\/\/www.nssf.org\/government-relations\/impact\/\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\"><strong>interactive map<\/strong><\/a> of the United States which allows you to see the number of jobs, wages, and economic output created on a state by state basis. It appears that Joe Biden&#8217;s Delaware has the fewest number of jobs in the industry while Hawaii had the smallest economic impact from the firearms and ammunition industry.<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>The National Shooting Sports Foundation, the real gun lobby, released a report last week that detailed the economic impact&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[1],"tags":[2747,1339,5207],"class_list":["post-30199","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-economic-impact","tag-firearms-industry","tag-national-shooting-sports-foundation"],"_links":{"self":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/30199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30199"}],"version-history":[{"count":2,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/30199\/revisions"}],"predecessor-version":[{"id":30207,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/30199\/revisions\/30207"}],"wp:attachment":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}