2013 Economic Impact Report

Firearms and Ammunition industry Economic Impact Report 2013

NSSF.ORG

Who is the National Shooting Sports Foundation?

T

he 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 10,000 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.

and promoting 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 wellbeing. NSSF works on both state and federal level issues, along with working with many regulatory agencies, to protect the firearms industry and make sure their business interests are appropriately represented.

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 responsible use of their products,

The Firearms and Ammunition Industry Economic Impact Report

T

his report details the

Over the past couple of years, the

around the nation, takes great

significant economic impact

industry’s growth has been driven

pride in supporting wildlife

the firearms and ammunition

by an unprecedented number of

conservation efforts. Noted in the

industry has on the nation’s

Americans choosing to exercise

economic impact report is the

and each state’s economy. The

their fundamental right to keep

significant taxes paid by member

economic growth America’s

and bear arms and purchase a

companies to federal and state

firearms and ammunition industry

firearm and ammunition.

governments and the Pittman-

has experienced over the years has

Robertson excise tax the industry

been nothing short of remarkable.

manufacturers and sportsmen

NSSF, representing

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 25,600 new, well-paying jobs over the past 2 years. 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.)

National Shooting Sports Foundation®

The Firearms Industry Creates Jobs in America United States companies that manufacture, distribute and sell sporting firearms, ammunition and supplies are an important part of the country’s economy.

Manufacturers of firearms, ammunition and supplies, along with the companies that sell and distribute these products, provide well-paying jobs in America and pay significant amounts in tax to the state and federal governments.

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

Jobs (FTE) Wages

Direct

Supplier

Induced

Total

111,895

49,632

84,218

245,745

$4,527,691,800 $3,153,867,300 $4,042,640,300 $11,724,199,400

Economic $15,618,284,300 $9,714,537,800 $12,363,697,000 $37,696,519,100 Impact

The Firearms & Ammunition Industry is an Important Part of America’s Economy Companies in the United States that manufacture, distribute and sell firearms, ammunition and hunting equipment employ as many as 111,895 people in the country and generate an additional 133,850 jobs in supplier and ancillary industries.

These include jobs in companies supplying goods and services to manufacturers, distributors and retailers, as well as those that depend on sales to workers in the firearms and ammunition industry. [1] These are good jobs, paying an average of $47,709 in wages and benefits. And today, every job is important. In fact, in the United States the unemployment rate has reached 7.5 percent. This means that there are already 11,660,000 people trying to find jobs in the nation and collecting unemployment benefits.[2] The Economic Benefit of the Industry Spreads Throughout the Country Not only does the manufacture and sale of firearms and hunting supplies create good jobs in the United States but the industry also contributes to the economy as a whole. In fact, in 2013 the firearms and ammunition industry was responsible for as much as $37.70 billion in total economic activity in the country.

The Country Also Benefits from the Taxes Paid by the Industry The firearms and ammunition industry generates sizable tax revenues. In the United States the industry and its employees pay over $5.2 billion in taxes including property, income, and sales-based levies. [3]

Taxes Generated in the United States Tax Impact Federal Taxes State Taxes Total Taxes

Business Taxes $2,855,819,600 $2,347,585,600 $5,203,405,200

Excise Taxes $643,915,900 $643,915,900

1 John Dunham and Associates, New York, September 2013. Direct impacts include those jobs in firearms and ammunition manufacturers, as well as companies that manufacture products such as ammunition holders and magazines, cases, decoys, game calls, holsters, hunting equipment, scopes, clay pigeons and targets. Direct impacts also include those resulting from the wholesale distribution and retailing of firearms and ammunition in sporting goods retailers and variety/mass merchandise stores.

2 The Bureau of Labor Statistics. Available online at: www.bis.gov/lau/home.htm <http://www.bis.gov/lau/home.htm> .

3 This is in addition to over $2.86 billion in Federal business taxes and $643.92 million in Federal excise taxes.

Source: John Dunham and Associates, Inc. New York, New York 2013

NSSF.ORG

Economic Contribution of Arms and Ammunition Indu

Economic Contribution of the Firearms Industry, 2013 All Industries Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Total John Dunham and Associates: 2013

Allâ&#x20AC;&#x2C6;Industries Jobs 1,486 423 2,606 2,398 9,478 3,657 3,105 246 55 6,233 2,746 397 2,507 3,278 1,936 1,540 1,296 1,457 1,396 592 1,469 3,028 3,601 2,336 838 3,028 909 1,035 693 2,224 1,579 604 5,221 3,091 284 3,454 1,212 2,388 4,497 235 1,737 658 1,866 8,496 1,711 404 2,117 2,183 584 3,237 344 111,895

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Direct Wages 47,157,400 12,366,400 100,047,500 150,888,600 398,501,300 119,173,300 239,849,200 6,269,700 1,760,300 223,944,200 97,319,200 9,510,500 135,433,700 125,539,000 53,298,700 51,194,400 46,566,500 57,744,900 42,713,600 22,179,400 60,792,600 186,010,100 126,556,900 95,442,500 26,544,400 130,328,600 27,871,300 45,712,100 21,400,300 152,012,900 59,937,200 14,738,700 250,326,900 131,752,900 8,216,400 109,883,300 32,398,000 107,765,800 155,284,400 12,348,400 77,820,400 26,587,000 71,688,200 304,051,300 52,406,300 18,306,600 59,338,900 59,478,200 15,068,300 135,875,100 10,290,000 4,527,691,800

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Output 134,482,900 35,670,500 326,998,300 703,857,400 1,136,015,400 379,598,000 1,052,424,800 15,201,700 4,741,200 733,166,300 329,780,400 22,060,500 630,580,500 435,294,400 167,598,200 170,967,300 177,006,300 193,586,100 114,487,300 84,975,200 228,899,800 773,651,500 349,793,300 307,994,900 82,958,400 475,064,400 86,117,900 191,455,800 69,496,900 686,160,200 174,476,300 41,805,100 833,395,800 380,139,600 26,008,500 321,801,800 93,905,100 355,841,500 473,928,300 34,349,100 277,124,800 102,296,900 226,397,900 998,291,700 181,524,600 55,699,800 173,324,500 169,222,700 51,602,800 509,860,400 37,201,300 15,618,284,300

Jobs 559 61 1,118 1,240 4,565 1,055 2,294 49 7 2,633 1,219 60 935 1,668 869 569 575 666 451 253 578 1,824 1,722 1,071 323 1,242 227 379 243 1,528 604 136 2,202 1,323 54 1,582 391 1,410 1,872 133 852 197 842 3,906 630 155 648 613 181 1,856 62 49,632

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Suppliers Wages 31,238,000 4,073,600 64,635,700 65,748,500 315,495,100 64,434,600 187,862,800 2,972,100 594,500 143,111,100 76,508,600 2,863,600 45,051,900 120,033,500 50,762,500 28,713,200 30,115,600 37,888,800 27,927,300 13,006,300 39,198,400 157,072,800 105,968,500 69,095,100 15,958,300 72,897,500 9,981,200 20,948,800 14,542,000 98,060,100 43,969,100 6,721,300 185,650,200 73,655,600 2,604,600 97,021,400 19,360,800 81,339,900 123,201,500 8,285,800 45,125,900 9,774,100 49,647,100 251,060,400 31,803,400 7,719,400 42,161,900 37,814,400 12,030,500 104,189,500 3,970,500 3,153,867,300

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Output 112,210,900 12,687,600 203,465,600 192,245,800 954,293,700 192,738,100 460,725,000 11,557,400 1,679,900 410,720,100 243,341,900 9,943,700 126,968,100 372,158,400 199,563,400 95,047,900 93,001,100 128,627,400 145,460,400 37,166,500 103,747,500 388,143,500 321,575,100 196,373,800 69,933,200 216,566,100 32,921,600 61,343,000 42,092,300 237,976,900 145,010,100 22,959,700 498,905,900 229,385,900 8,620,800 336,066,300 71,989,000 228,918,100 402,283,600 27,045,300 139,349,500 29,565,900 167,079,300 975,344,200 109,051,400 24,729,500 131,965,900 118,292,300 48,235,200 312,156,300 13,307,700 9,714,537,800

State by State Economic Impact Report

ustries, 2013

Jobs 980 152 1,827 1,428 8,932 1,709 2,641 170 164 4,965 2,282 242 1,096 3,157 1,370 937 819 1,043 947 399 1,292 2,793 2,637 1,848 543 2,062 364 663 547 1,642 1,695 341 4,571 2,466 164 2,698 764 1,656 3,289 241 1,340 312 1,594 6,557 951 255 1,546 1,404 312 2,287 124 84,218

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Induced Wages 39,680,400 6,958,100 81,556,100 52,132,500 488,784,000 80,356,100 150,657,600 8,222,300 13,474,700 218,321,400 105,607,400 9,738,500 36,809,600 170,502,000 58,918,000 36,766,200 32,346,600 41,954,400 42,467,200 15,069,300 65,875,000 163,844,500 117,766,900 88,522,500 19,281,400 87,489,300 12,081,500 25,873,300 23,242,600 71,523,200 104,111,800 13,327,200 294,103,000 107,279,700 6,219,000 118,588,100 30,482,000 67,687,600 166,433,300 10,965,600 49,157,400 10,729,700 71,946,100 320,475,200 36,379,900 9,524,400 79,089,900 69,114,200 12,248,100 93,944,600 5,010,900 4,042,640,300

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Output 133,304,800 19,748,500 260,718,300 165,466,400 1,474,929,600 253,616,500 416,003,600 22,618,600 25,330,300 661,468,700 331,333,200 27,786,000 117,079,900 501,214,400 211,464,000 128,507,800 112,033,000 134,985,900 137,353,700 44,880,300 178,248,300 450,390,100 387,214,100 282,161,300 66,295,600 270,634,300 38,321,900 88,788,000 66,664,700 199,116,200 321,137,200 38,718,400 821,714,700 332,987,300 19,048,500 382,767,700 107,655,700 209,112,200 509,196,300 31,576,000 154,885,300 36,747,400 226,426,800 1,043,379,200 115,639,000 27,518,200 217,920,300 207,031,800 35,727,500 300,317,100 16,512,400 12,363,697,000

Jobs 3,025 636 5,551 5,066 22,975 6,421 8,040 465 226 13,831 6,247 699 4,538 8,103 4,175 3,046 2,690 3,166 2,794 1,244 3,339 7,645 7,960 5,255 1,704 6,332 1,500 2,077 1,483 5,394 3,878 1,081 11,994 6,880 502 7,734 2,367 5,454 9,658 609 3,929 1,167 4,302 18,959 3,292 814 4,311 4,200 1,077 7,380 530 245,745

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Total Wages 118,075,800 23,398,100 246,239,300 268,769,600 1,202,780,400 263,964,000 578,369,600 17,464,100 15,829,500 585,376,700 279,435,200 22,112,600 217,295,200 416,074,500 162,979,200 116,673,800 109,028,700 137,588,100 113,108,100 50,255,000 165,866,000 506,927,400 350,292,300 253,060,100 61,784,100 290,715,400 49,934,000 92,534,200 59,184,900 321,596,200 208,018,100 34,787,200 730,080,100 312,688,200 17,040,000 325,492,800 82,240,800 256,793,300 444,919,200 31,599,800 172,103,700 47,090,800 193,281,400 875,586,900 120,589,600 35,550,400 180,590,700 166,406,800 39,346,900 334,009,200 19,271,400 11,724,199,400

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Output 379,998,600 68,106,600 791,182,200 1,061,569,600 3,565,238,700 825,952,600 1,929,153,400 49,377,700 31,751,400 1,805,355,100 904,455,500 59,790,200 874,628,500 1,308,667,200 578,625,600 394,523,000 382,040,400 457,199,400 397,301,400 167,022,000 510,895,600 1,612,185,100 1,058,582,500 786,530,000 219,187,200 962,264,800 157,361,400 341,586,800 178,253,900 1,123,253,300 640,623,600 103,483,200 2,154,016,400 942,512,800 53,677,800 1,040,635,800 273,549,800 793,871,800 1,385,408,200 92,970,400 571,359,600 168,610,200 619,904,000 3,017,015,100 406,215,000 107,947,500 523,210,700 494,546,800 135,565,500 1,122,333,800 67,021,400 37,696,519,100

Avg. Wages & Benefits $ 39,033 $ 36,789 $ 44,359 $ 53,054 $ 52,352 $ 41,109 $ 71,937 $ 37,557 $ 70,042 $ 42,324 $ 44,731 $ 31,635 $ 47,883 $ 51,348 $ 39,037 $ 38,304 $ 40,531 $ 43,458 $ 40,482 $ 40,398 $ 49,675 $ 66,308 $ 44,007 $ 48,156 $ 36,258 $ 45,912 $ 33,289 $ 44,552 $ 39,909 $ 59,621 $ 53,641 $ 32,181 $ 60,870 $ 45,449 $ 33,944 $ 42,086 $ 34,745 $ 47,083 $ 46,067 $ 51,888 $ 43,803 $ 40,352 $ 44,928 $ 46,183 $ 36,631 $ 43,674 $ 41,891 $ 39,621 $ 36,534 $ 45,259 $ 36,361 $ 47,709

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Federal Excise Taxes 9,054,800 3,330,200 16,129,700 5,498,900 76,404,900 26,585,100 6,996,700 540,700 2,079,800 40,985,500 15,260,900 3,427,000 6,350,800 21,193,800 11,744,000 7,480,600 6,449,500 8,381,900 9,148,900 3,042,000 8,320,100 10,852,300 22,944,600 12,782,200 4,545,200 15,872,100 4,638,800 4,427,000 4,765,000 4,381,400 14,233,100 4,167,600 32,130,000 16,349,100 1,917,600 21,045,900 7,590,200 10,837,500 26,039,100 1,339,600 6,942,800 2,588,700 11,487,900 54,139,000 9,431,400 2,313,000 13,888,300 15,799,200 3,071,700 13,113,100 1,876,700 643,915,900

What a growing industry looks like...

111,900 99,820

100

75

183,000 166,200

75,600

150

100

+48% since 2008

+48% since 2008

50

25

2008

2009

2011

5

$4.1 billion

4

3

220,130 200

88,200

50

0

245,750

250

125

2013

$4.5 billion

$3.3 billion

0

2008

2009

2011

12

8

$2.4 billion

$10.4 billion

2013

$11.7 billion

$8.2 billion $6.4 billion

2 4

+88%

+83%

1

0

2008

2009

2011

2013

0

2008

2009

2011

2013

$2.9

3

billion

$2.5

billion

$2.3 $2.1 billion

$2

$1.9 billion

billion

2

$644 million

7

5

billion

$1.5

billion

6

4

$1.3

billion

$454 million

$460 million

2009

2011

$352 million

3

1

2 1

0

2008

2009

2011

2013

2008

2009

$13.9 billion

15

2011

2013

0

2008

$15.6 billion 40

$33.4 billion

$11.3 billion

2013

$37.7 billion

$27.8 billion

30

10

$6.8 billion

20

$19.1 billion

+129%

5

+97%

10

0

2008

2009

2011

2013

0

2008

2009

2011

2013

We Are The Firearms Industry A.T. Wall Company DBA Metalform Acme United Corporation Action Target Aimpoint, Inc. ATK Sporting Group Austin Sheridan USA, Inc. Beretta USA Corporation Blackhawk Industries Browning Arms Company Bushnell Corporation Butler Creek Caesar Guerini/Fabarms Carlson’s Choke Tubes CCI/Speer Ammunition Cobra Firearms Colt’s Manufacturing Company LLC Comp-Tac Victory Gear LLC Coonan, Inc. COR-BON/Glaser LLC CZ-USA Dakota Ammo, Inc. Diamondback Firearms, LLC DoubleTap Defense LLC ESS Eyewear Falcon Industries, Inc. Federal Cartridge Company Final Approach Waterfowl Fiocchi of America, Inc. FNH USA, LLC Franklin Armory Freedom Arms, Inc.

RTO 1.5M Item #9101A 3/14

Promote

Freedom Group Frogg Toggs Galco Gunleather Glaser LLC Glock GOEX Powder Company H & R 1871, LLC. Heckler and Koch, Inc. Hicks, Inc. HIVIZ Shooting Systems by North Pass, Ltd Hodgdon Powder Company Hoppes Hornady Manufacturing Company Judson A. Smith Company K-Var, Corp.

Kel-Tec CNC Industries, Inc. Laporte America, LLC Leupold & Stevens, Inc. Lewis Machine & Tool Company Lyman Products, Corp.

MAGTECH Ammunition Co., Inc. Marlin Firearms Company Millett MKS Supply, Inc. Nammo Lapua Oy North American Arms, Inc. Nosler, Inc. Numrich Gun Parts Corporation O. F. Mossberg and Sons, Inc. OAKDEF OAKSI

ODI/Stag Outdoor Products Olin Corp./Winchester Ammunition, Inc. Olin Corp./Winchester Division Outers Parmatech Corporation Pembroke Gun & Range PJ Industries, Inc. Promatic, Inc RCBS Remington Arms Company, LLC Savage Arms, Inc. Sellmark Corporation Sierra Bullets, LLC SIG SAUER Sightron, Inc. Simmons Scopes Smith & Wesson Firearms St. Marks Powder, Inc. Stag Arms Stoney Point Sturm Ruger and Company, Inc. Tasco Taurus International Mfg., Co. Ten-X Ammunition, Inc. The Outdoor Connection, Inc. Trulock Tool U.S. Repeating Arms Co. Inc/Browning Uncle Mike’s Law Enforcement Uncle Mikes Volquartsen Custom Weatherby, Inc. ZEV Technologies, Inc.

11 Mile Hill Road Newtown, CT 06470-2359 T: 203.426.1320 F: 203.426.1087 nssf.org

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Preserve