NSSF Reports Firearms Industry Economic Impact up 168%

The National Shooting Sports Foundation released their report titled “The Firearms and Ammunition Industry Economic Impact Report: 2017” on April 10th. As the title hints this annual NSSF report provides details on the economic impact the firearms and ammunition industry has on the USA as a whole and each individual state by breaking down the numbers in dollars of both direct and indirect jobs, wages, and overall economic impact of our favorite industry.

The report shows a marked increase in the total economic impact of the gun and ammo market. From 2008 to 2016 the impact increased from $19.1 billion to $51.3 billion, which is where we get the 168% increase. The total job impact rose from around 166,000 to more than 300,000 full-time equivalent positions. For those of you who can math like I can, that is a 81% increase in jobs. In the most recent year we have numbers for, 2015 to 2016 there was an increase of $2 billion or almost 15%, from $49.3 billion to $51.3 billion. Other number in the report; 156% increase in federal tax payments, 138% increase in Pittman-Robertson excise tax payments, 107% increase in state business tax payments.

You can view the National Shooting Sports Foundation report, “The Firearms and Ammunition Industry Economic Impact Report: 2017” in its entirety in PDF form here at the National Shooting Sports Foundation’s website at NSSF.org for free.

Scott is a firearms enthusiast and gun hobbyist whose primary interest is the practical application of gun ownership. In addition to contributing to The Firearm Blog, he hosts and blogs for The Firearms Podcast, a podcast and blog about gun stuff by gun people. Scott is a 20-year veteran of the USAF and been a member of his base, state and the All Guard marksmanship teams. He can be reached via email at scott@thefirearmspodcast.com


  • Random FFL

    What incredible timing to post an analysis of the industries’ recent boom…. just as it begins the downfall into what could potentially be the biggest lull in 12-15 years.

    • b0x3r0ck

      Obama was good at selling guns atleast and that’s a fact.

      • Wow!

        The bubble is popping, but where the demand rests will be higher than where it started due to all the new gun owners.

    • RocketScientist

      Except NICS checks have been increasing steadily since the election…? Thats a might weird “slump”

    • Andrew

      No coincidence. NSSF represents the manufacturers and sellers so it is their job to do whatever it takes to generate numbers that paint a rosy picture.

    • CavScout

      You forgot about the panic buy in about 3.5 years. Also in 7.5 years. Add in any BATFE kerfluffles, possible law passes, and masse attacks.

  • Twilight sparkle

    Well that’s a big bubble that’s going to pop. I feel sorry for everyone that’s about to lose their job but on the bright side we’re probably going to see a lot more innovation and diversity instead of just another ar from all of those companies that are going to want to avoid failing.

    • Rick O’Shay

      Eh, I think the glut is what drove innovation more… everyone was working to show how different they were from everyone else. We’ll see the fat come off, the truly legit innovation will stick around, and the companies that have good financial management will figure out how to stick around without too much damage. The smaller bootstrap businesses that weren’t unique or innovative, and were just in it because money was there to be made hand over fist, will go away.

      • Twilight sparkle

        There was innovation indeed but nowhere near what we had in the 80s and 90s plus most of the recent innovation has centered around the ar-15, (or 1911 to a certain degree if we’re talking handguns). Any company that did create an actually innovative firearm had no sales and as a result unaffordably high prices because the market was being bloated with ar-15s. I mean go back and look at the release of the savage ar and Springfield sait rifles on this website and you’ll see how bored everyone was of these guns by the numerous comments that say something along the lines of “just another ar.”
        The same is true with bolt guns, the niceer more diverse wood and blued guns of yesteryear have been replaced with the ever present plastic and matt finish savage axis and its copies.
        So you say there was plenty of innovation but the last 10 years what little innovation we had was quickly followed by immitation.

        • b0x3r0ck

          I agreed with everything you’ve said here except the 1911 comment feels like that should be replaced with Glock. It also doesn’t help that companies like Kel Tec were putting out half finished prototypes like the RDB.

          • Twilight sparkle

            I guess I should have said glock, that’s a little more relevant today. I went with 1911 because it seemed like back in 2011 everyone had to get one out on the shelves for the 100 year anniversary.

        • LGonDISQUS

          Kriss vector is one of those off the wall prime innovators that has been dismissed. Its recoil/feeding system is going to be the stuff that Ian McCollum’s kids talk about on Forgotten Weapons 2079

          • Shape

            Well it doesnt work in rifles, nor bullpup smg’s. And the kriss vector has a really short barrel for its long overall lenght…

  • b0x3r0ck

    I’m kind of hoping to see a big shift to electronic in a lot of companies like what Sig is doing. Maybe we can finally see some smart rails start to come out.

  • Audie Bakerson

    I’d imagine at least half the magazine fed semi-shotguns in the US are sold for competitive shooting.