www.nssf.org

Firearms and Ammunition industry Economic Impact Report

2010

National ShootingSports Foundation®

Who is the National Shooting Sports Foundation?

The National Shooting Sports

Foundation (NSSF) is the

trade association for the firearms

industry. Its mission is to promote,

protect and preserve hunting and

the shooting sports. Formed in

1961, NSSF has a membership of

more than 5,500 manufacturers,

distributors, firearms retailers,

shooting ranges, sportsmen’s

organizations and publishers.

For more than 200 years,

America’s firearms and ammunition

industry has made products that

have been part of our country’s

tradition of freedom, self-reliance

and enjoyment of the outdoors.

NSSF has led the way in promoting

responsible ownership of firearms.

NSSF concentrates its efforts on

measurably advancing participation

in and understanding of hunting

and the shooting sports; reaffirming

and strengthening our members’

commitment to the safe and respon-

sible use of their products, and pro-

moting a political climate supportive

of America’s traditional firearms

rights.

NSSF’s expanding government

relations program responds to the

ever-changing political environment

that threatens the future of hunting,

recreational shooting, our firearms

freedoms, and our industry’s well-

being. NSSF works on both state and

federal level issues, along with work-

ing with many regulatory agencies,

to protect the firearms industry and

make sure their business interests

are appropriately represented.

This report details the signifi-

cant economic impact the

firearms and ammunition industry

has on the nation's and each state’s

economy. The economic growth

America’s firearms and ammunition

industry has experienced over the

years has been nothing short of re-

markable. Over the past couple of

years, the industry’s growth has

been driven by an unprecedented

number of Americans choosing to

exercise their fundamental right to

keep and bear arms and purchase a

firearm and ammunition.

NSSF, representing manufac-

turers and sportsmen around the

nation, takes great pride in support-

ing wildlife conservation efforts.

Noted in the economic impact re-

port is the significant taxes paid by

member companies to federal and

state governments and the Pittman-

Robertson excise tax the industry

pays on the products it sells – this

tax is the major source of wildlife

conservation funding in America.

During difficult economic

times and high unemployment

rates nationally, our industry has

grown and created over 17,000

new, well-paying jobs. Our industry

is proud to be one of the bright

spots in this economy.

Take a look for yourself and see

the impact we have nationally and on

your home state. (See center spread.)

The Firearms and Ammunition Industry Economic Impact Report

www.nssf.org

The Firearms Industry Creates Jobs in AmericaUnited States companies that manufacture, distribute and sell sporting firearms,ammunition and supplies are an important part of the country’s economy. Manu-facturers of firearms, ammunition and supplies, along with the companies that selland distribute these products, provide well paying jobs in America and pay significantamounts in tax to the state and Federal governments.

[1] John Dunham and Associates, New York, March 2010. Direct impacts include those jobs in firearms and ammunition manufacturers, as well as companies that manufacture productssuch as decoys, scopes, clay pigeons and targets. Direct impacts also include those resulting from the wholesale distribution and retailing of firearms and ammunition in sporting goodsretailers and variety/mass merchandise stores.[2] This is in addition to over $2 billion in Federal business taxes and $450.2 million in Federal excise taxes.

Source: John Dunham and Associates, Inc. New York, New York 2010

Economic Impact of The Sporting Arms and Ammunition Industry in The United States

Direct Supplier Induced Total

Jobs (FTE) 88,200 35,950 59,300 183,425

Wages $3,273,440,000 $2,177,863,000 $2,759,578,000 $8,210,881,000

EconomicImpact

$11,266,678,500 $7,384,202,800 $9,195,424,100 $27,846,304,300

The Firearms & Ammunition Industry is an Important Part of America’s EconomyCompanies in the United States that manufacture, distribute and sell firearms,ammunition and hunting equipment employ as many as 88,200 people in the countryand generate an additional 95,250 jobs in supplier and ancillary industries. Theseinclude jobs in companies supplying goods and services to manufacturers, distributorsand retailers, as well as those that depend on sales to workers in the firearms andammunition industry. [1]

These are good jobs, paying an average of $44,765 in wages and benefits. And today,every job is important.

The Economic Benefit of The Industry Spreads Throughout the CountryNot only does the manufacture and sale of firearms and hunting supplies create good jobs in the United States butthe industry also contributes to the economy as a whole. In fact, in 2009 the firearms and ammunition industry wasresponsible for as much as $27.8 billion in total economic activity in the country.

The Country Also Benefits from the Taxes Paid by the IndustryNot only does the firearms and ammunition industry createjobs, it also generates sizable tax revenues. In the United Statesthe industry and its employees pay over $1.9 billion in taxes in-cluding property, income, and sales based levies. [2]

Tax Impact Business Taxes Excise TaxesFederal Taxes $2,035,154,440 $450,177,780

State Taxes $1,909,417,793 $ —

Total Taxes $3,944,572,233 $450,177,780

Taxes Generated in the United States

National ShootingSports Foundation®

0

$2b

$4b

$6b

$8b

$10b

0

$1b

$2b

$3b

$4b

$5b

0

40

80

120

160

200

0

20

40

60

80

100

What a growing industry looks like...

0

$6b

$12b

$18b

$24b

$30b

0

$3b

$6b

$9b

$12b

$15b

0

$100m

$200m

$300m

$400m

$500m

0

$1b

$2b

FEDERAL

$1.5billion

$1.3billion

$2 billion$1.9billion

STATE2009

BUSINESS TAXES

200820092008

($ in thousands) All Industries

Economic Contribution of Arms and Ammunition Indu

stries, 2009 State by State Economic Impact Report

Promote Protect Preserve

11 Mile Hill Road

Newtown, CT 06470-2359

T: 203.426.1320

F: 203.426.1087

www.nssf.org

ATK Security and Sporting

Beretta USA Corporation

Browning Arms Company

Bushnell Corporation

Colt’s Manufacturing Company LLC

COR-BON/Glaser LLC

CZ-USA

Federal Cartridge Company

Fiocchi of America, Inc.

FNH USA, LLC

Freedom Arms, Inc.

Freedom Group Family of Companies

Glock, Inc.

Heckler and Koch, Inc.

Hodgdon Powder Company

Hornady Mfg. Company

K-Var, Corp.

Kel-Tec CNC Industries, Inc.

Leupold and Stevens, Inc.

Lyman Products, Corp.

M.K.S. Supply, Inc.

MAGTECH Ammunition Co., Inc.

Marlin Firearms Company

Nosler, Inc.

O. F. Mossberg and Sons, Inc.

Olin Corporation/Winchester Division

Remington Arms Company Inc.

Savage Arms, Inc.

Sierra Bullets, LLC

SIG SAUER

Sightron, Inc.

Smith & Wesson

St. Marks Powder, Inc.

Sturm Ruger and Company, Inc.

Taurus International Firearms

The Outdoor Connection, Inc.

Trulock Tool

Weatherby, Inc.

We Are The Firearms Industry

GMP 750 Item #9101 4/10