Explore The NRA Universe Of Websites

APPEARS IN News

Investing in the Second Amendment: Gun Industry Shows Continued Strong Growth

Monday, May 1, 2023

Investing in the Second Amendment: Gun Industry Shows Continued Strong Growth

As Americans continue to come to terms with the pandemic’s ripple effect on business, unemployment, and snags in the supply chain, one of the bright spots in the economic landscape is the state of the firearm and ammunition industry.

Each year, the National Shooting Sports Foundation (NSSF) publishes a detailed report on the impact of the firearm and ammunition industry on the U.S. economy and jobs. In addition to examining the effect that companies that manufacture, distribute, and sell firearms, ammunition, and hunting equipment have had in the last year, the report looks at trends more generally.

According to the latest report, Firearm and Ammunition Industry Economic Impact Report 2023, the industry’s economic growth “in recent years has been nothing short of remarkable and has been driven by an unprecedented number of Americans choosing to exercise their fundamental right to keep and bear arms. This includes an estimated 4.2 million new gun owners in 2022.”

Since 2008, the overall economic impact of the industry has increased by more than 320% ‒ from $19.1 billion (2008) to $80.7 billion last year. 2022 alone represented an increase of over $10 billion over the year before.  

Other highlights:

  • in 2022, the firearm and ammunition industry was responsible for employing 172,697 people and generated an additional 220,999 jobs in supplier and ancillary industries;
  • Pittman-Robertson excise tax contributions to the Wildlife Restoration Trust Fund exceeded $1.15 billion in 2022;
  • in addition, the industry and industry employees paid over $7.48 billion in state and federal taxes in 2022, including property, income, and sales-based levies; and
  • “over 4.2 million Americans from all walks of life, for the first time, discovered and exercised their right to lawful firearm owners and safely participate in the recreational shooting sports last year.”

The report’s state-by-state breakdown shows that these economic gains are by no means restricted to “pro-gun” jurisdictions and extend to every state. The economic impact of the gun industry in New York State, for instance, exceeded $3 billion ($3,187,992,000) last year. Likewise, California benefitted by an annual total output of just under six billion dollars ($5,992,739,100). 

While anti-gun politicians and their gun-control allies attack the gun industry (here and here, for instance) as part of a campaign against firearm-related commerce in general, the indisputable fact remains that the industry’s continued strength relies on millions of law-abiding consumers – sport shooters, hunters, farmers and other everyday Americans –  exercising their fundamental constitutional rights and investing in the Second Amendment.

TRENDING NOW
U.S. House Passes Reconciliation Bill, Removing Suppressors from the National Firearms Act

News  

Second Amendment  

Thursday, May 22, 2025

U.S. House Passes Reconciliation Bill, Removing Suppressors from the National Firearms Act

Earlier today, the U.S. House of Representatives passed H.R.1 the One Big Beautiful Bill Act, which included Section 2 of the Hearing Protection Act, completely removing suppressors from the National Firearms Act (NFA).

U.S. Representative Suggests TRIPLING ($600) Suppressor Tax!

News  

Tuesday, May 27, 2025

U.S. Representative Suggests TRIPLING ($600) Suppressor Tax!

Excellent news for gun owners came last week when the U.S. House of Representatives passed President Donald Trump's One Big Beautiful Bill, which includes the complete removal of suppressors from the National Firearms Act (NFA). 

Loot Canal: U.S. Taxpayers Funded Bizarre Dental “Gun Violence” Research

News  

Monday, June 2, 2025

Loot Canal: U.S. Taxpayers Funded Bizarre Dental “Gun Violence” Research

When the Biden-Harris administration made clear they intended to use a “whole-of-government” approach to suppress Second Amendment rights, few could have predicted their efforts would extend all the way to the dentist’s office.

Australia’s Gun Laws, Failing in Different Ways

News  

Monday, June 2, 2025

Australia’s Gun Laws, Failing in Different Ways

Everything is relative, so the saying goes, which means that once in a while, it’s instructive to read about the gun laws and the state of gun rights in other countries. 

Twenty-four State Attorneys General Urge Congress to Pass H.R. 38

News  

Monday, June 2, 2025

Twenty-four State Attorneys General Urge Congress to Pass H.R. 38

On May 21, two dozen state attorneys general sent a letter to the leadership of the U.S. House of Representatives, urging that body to pass H.R. 38, the Constitutional Concealed Carry Reciprocity Act.

ATF Updates “Brady Permit Chart,” Reduces Need for Redundant NICS Checks

News  

Monday, June 2, 2025

ATF Updates “Brady Permit Chart,” Reduces Need for Redundant NICS Checks

We have been reporting on recent reforms by ATF to make its operations more transparent, professional, and public safety focused and less openly hostile to law abiding gun owners and the industries that serve them. 

Anti-gun Shakedown Machine Now Targets Toy Gun Sellers

News  

Monday, June 2, 2025

Anti-gun Shakedown Machine Now Targets Toy Gun Sellers

The pro-Second Amendment community understands that guns are not toys.

Texas Bill Would Put Local “Buybacks” Out of Business, Ending an Anti-gun Charade

News  

Monday, June 2, 2025

Texas Bill Would Put Local “Buybacks” Out of Business, Ending an Anti-gun Charade

As Texas House Bill 3053 heads to Governor Abbott’s desk, it is serving as a broader reminder to all states of the gun “buybacks” scam, only this time with a legislative solution to this anti-gun mainstay.

Florida: Governor DeSantis Signs Legislation to Remove 2A Restrictions During Emergencies

Thursday, May 29, 2025

Florida: Governor DeSantis Signs Legislation to Remove 2A Restrictions During Emergencies

Yesterday, May 28, Governor Ron DeSantis signed House Bill 6025 into law protecting our Second Amendment Rights during a state of emergency. The new law became effective upon the governor's signature.  

Illinois: Legislature Advances Sweeping Gun Control

Thursday, May 29, 2025

Illinois: Legislature Advances Sweeping Gun Control

Yesterday, the Illinois House passed House Bill 850, legislation that drastically alters the definition of “clear and present danger” under the FOID and Concealed Carry License (CCL) framework. This bill now moves to the Senate ...

MORE TRENDING +
LESS TRENDING -

More Like This From Around The NRA

NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.