Firearms and Ammunition industry Economic Impact Report

Transcription

1 Firearms and Ammunition industry Economic Impact Report 216 NSSF.ORG

2 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 13, manufacturers, distributors, firearms retailers, shooting ranges, sportsmen s organizations and publishers. For more than 2 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 responsible use of their products, 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. The Firearms and Ammunition Industry Economic Impact Report This report details the significant 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 remarkable. Over the past few 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 manufacturers and sportsmen around the nation, takes great pride in supporting wildlife conservation efforts. Noted in the economic impact report 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 about 21, 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.)

3 The Firearms Industry Creates Jobs in America United States companies that manufacture, distribute, and sell sporting firearms, ammunition and suppliers are an important part of the country s economy. Manufacturers of firearms, ammunition, and supplies, along with 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 1 John Dunham and Associates, New York, December 215. 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 these products 2 The Bureau of Labor Statistics. Available online at: Data for February This is in addition to over $677 million in federal excise taxes. Source: John Dunham and Associates, Inc. New York, New York 215 National Shooting Sports Foundation Direct Supplier Induced Total Jobs (FTE) 132,584 65,18 9, ,986 Wages $5,513,898,5 $4,355,521,1 $4,581,758,3 $14,451,177,9 Economic $19,533,71,8 $14,998,48,4 $14,755,836,7 $49,287,946,9 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 132,584 people in the country and generate an additional 155,42 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 $5,18 in wages and benefits. And today every job is important. In fact, workers in the United States face an unemployment rate of 5 percent. This means that there are already nearly 8 million 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 215 the firearms and ammunition industry was responsible for as much as $49.29 in total economic activity in the country. The broader economic impact flows throughout the Taxes Generated in the United States economy, generating business for firms seemingly unrelated Tax Impact Business Taxes Excise Taxes to firearms. Real people, with real jobs, working in industries Federal Taxes $3,658,277, $676,958,534 as varied as banking, retail, accounting, metal working, even State Taxes $2,547,54,4 in printing, all depend on the firearms and ammunition Total Taxes $6,25,817,4 industry for their livelihood. $676,958,534 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 $6.2 in federal and state taxes including property, income, and sales-based levies. [3] NSSF.ORG

4 Economic Contribution of Arms and Ammunition Industries, 215 Arizona 3,43 $ 132,472,1 $ 419,13,2 1,537 $ 92,836,1 $ 329,299,3 All Industries Arkansas 2,651 $ 115,584,8 $ 599,47,1 1,547 $ 81,463,9 $ 333,826,8 John Dunham and Associates: 216 Direct Supplier Jobs Wages Output Jobs Wages Output Alabama 2,782 $ 15,186,1 $ 392,739,1 1,26 $ 67,41,1 $ 261,56,1 Alaska 635 $ 19,146,3 $ 38,144,4 26 $ 11,77,2 $ 4,744,4 California 8,694 $ 394,193,6 $ 1,155,95,1 4,44 $ 363,113,5 $ 1,167,894, Colorado 2,634 $ 11,785,5 $ 339,467,3 1,37 $ 97,891,5 $ 315,873,4 Connecticut 2,5 $ 159,857,2 $ 641,572,7 1,111 $ 96,656,8 $ 283,272,9 Delaware 142 $ 4,154,9 $ 8,477,9 51 $ 4,462,7 $ 13,853,4 District of Columbia 2 $ 267,4 $ 571,2 1 $ 1,38,6 $ 2,818,7 Florida 6,33 $ 234,671,3 $ 837,528,1 3,414 $ 198,148,3 $ 743,373,2 Georgia 3,298 $ 14,478,5 $ 419,519,3 1,594 $ 11,969,2 $ 362,986,1 Hawaii 155 $ 4,762,9 $ 12,285,1 52 $ 3,82,6 $ 1,97,3 Idaho 2,826 $ 12,779,7 $ 536,137,7 1,648 $ 77,195,9 $ 314,96,2 Illinois 4,42 $ 238,573,3 $ 922,511,4 2,565 $ 192,848,7 $ 638,525,8 Indiana 2,68 $ 71,676,1 $ 178,744,9 965 $ 58,297,9 $ 219,521,1 Iowa 1,235 $ 46,49,2 $ 156,277,6 555 $ 34,9,7 $ 117,192,4 Kansas 2,624 $ 89,81,6 $ 299,479,4 1,165 $ 68,5,5 $ 242,871,3 Kentucky 1,98 $ 77,662,9 $ 242,766,4 83 $ 46,898,4 $ 179,138,7 Louisiana 1,872 $ 58,14,1 $ 16,967,7 759 $ 49,647,3 $ 183,473,2 1,332 $ 41,911,2 $ 147,46,6 54 $ 27,736,5 $ 12,159, Maryland 1,44 $ 75,337,2 $ 272,412,6 644 $ 47,564,5 $ 15,529,5 Massachusetts 2,867 $ 27,83,6 $ 992,295,7 1,783 $ 153,643,1 $ 431,564,5 Michigan 4,71 $ 151,423,1 $ 414,555,8 1,798 $ 113,85,5 $ 396,943,5 Minnesota 4,417 $ 264,68,6 $ 1,23,246,7 3,27 $ 22,76,5 $ 718,455,7 Mississippi 2,285 $ 12,15,2 $ 447,189,8 1,265 $ 63,17,1 $ 263,548,6 5,51 $ 162,899,9 $ 51,749,8 2,242 $ 137,832,4 $ 496,234,5 Montana 1,396 $ 51,467, $ 187,931,2 65 $ 28,921,9 $ 113,24,9 Nebraska 1,881 $ 73,835, $ 313,724,7 936 $ 6,358,1 $ 21,559, Nevada 1,372 $ 39,62,5 $ 133,669,6 569 $ 31,949,6 $ 113,926,2 New Hampshire 1,632 $ 125,997,7 $ 533,811,5 981 $ 67,72,3 $ 25,284,9 New Jersey 84 $ 41,69,6 $ 114,333,7 363 $ 35,267,3 $ 15,815,2 New Mexico 527 $ 12,239,5 $ 35,562,7 184 $ 9,382,9 $ 42,535,4 New York 3,397 $ 21,83,8 $ 795,717,5 1,861 $ 187,33,4 $ 522,7,1 North Carolina 4,976 $ 193,313,5 $ 87,365, 2,51 $ 147,178, $ 532,486,2 North Dakota 532 $ 15,813,4 $ 39,141,3 175 $ 1,132,9 $ 35,364,9 Ohio 5,578 $ 158,945,8 $ 424,787,1 2,233 $ 142,923, $ 527,566,8 Oklahoma 1,79 $ 48,117, $ 128,984,2 687 $ 43,192,4 $ 161,474,2 Oregon 2,683 $ 17,732,2 $ 679,471,1 1,872 $ 112,936,6 $ 376,185,3 Pennsylvania 5,589 $ 21,55,8 $ 624,385,1 2,455 $ 186,173,8 $ 593,18,1 Rhode Island 198 $ 17,857,6 $ 46,18,2 14 $ 6,954,5 $ 2,74,2 South Carolina 2,269 $ 88,287,1 $ 294,53,4 1,43 $ 57,898,5 $ 216,481,1 South Dakota 1,13 $ 37,691,2 $ 162,937,4 5 $ 26,489,9 $ 95,37, Tennessee 3,61 $ 123,235,9 $ 331,692,1 1,312 $ 82,793,2 $ 291,89,7 Texas 1,8 $ 377,95,3 $ 1,178,742,7 4,692 $ 348,372,1 $ 1,216,669,5 Utah 2,725 $ 93,614,1 $ 325,93,3 1,413 $ 74,442, $ 285,432,4 Vermont 374 $ 19,55,3 $ 56,778,4 167 $ 8,982, $ 3,83,4 Virginia 2,675 $ 94,889,5 $ 366,64,9 1,167 $ 83,671,1 $ 28,643,7 Washington 3,88 $ 15,93,2 $ 351,72,3 1,347 $ 9,795,7 $ 319,846,8 West Virginia 731 $ 2,225,5 $ 64,,2 258 $ 16,353,4 $ 69,73, Wisconsin 2,463 $ 87,244,1 $ 36,29,2 1,163 $ 7,859,3 $ 254,269, 729 $ 19,142,6 $ 63,349,4 259 $ 13,56,7 $ 56,79,8 Total 132,584 $ 5,513,898,5 $ 19,533,71,8 65,18 $ 4,355,521,1 $ 14,998,48,4

5 State by State Economic Impact Report Induced Total Avg. Wages Federal Jobs Wages Output Jobs Wages Output & Benefits Excise Taxes 1,678 $ 74,77, $ 261,912, 5,666 $ 246,34,2 $ 916,211,2 $ 43,471 $ 16,5, $ 16,622,7 $ 53,117,9 1,15 $ 47,476,2 $ 132,6,7 $ 41,284 $ 4,733,463 2,243 $ 18,429,4 $ 349,992,3 6,823 $ 333,737,6 $ 1,98,421,8 $ 48,914 $ 14,997,511 1,811 $ 74,293,2 $ 273,487,1 6,9 $ 271,341,9 $ 1,26,361, $ 45,156 $ 8,275,253 6,233 $ 37,63,6 $ 1,134,361,4 19,367 $ 1,127,937,7 $ 3,457,35,5 $ 58,24 $ 55,719,259 1,843 $ 96,462,8 $ 33,26,4 5,847 $ 296,139,8 $ 958,367,1 $ 5,648 $ 14,787,211 1,674 $ 14,914,3 $ 29,828,5 4,835 $ 361,428,3 $ 1,215,674,1 $ 74,752 $ 5,553,6 77 $ 4,426,1 $ 14,631,1 27 $ 13,43,7 $ 36,962,4 $ 48,31 $ 1,17,739 1 $ 87,3 $ 228,7 4 $ 1,393,3 $ 3,618,6 $ 348,325 $ - 4,547 $ 211,121,6 $ 75,555,4 13,994 $ 643,941,2 $ 2,286,456,7 $ 46,16 $ 31,724,73 2,127 $ 14,43,6 $ 345,351,8 7,19 $ 31,851,3 $ 1,127,857,2 $ 44,287 $ 17,764,79 85 $ 4,6,9 $ 12,797,4 292 $ 11,96,4 $ 36,52,8 $ 4,775 $ 1,276,413 1,968 $ 79,258, $ 277,469,6 6,442 $ 277,233,6 $ 1,128,513,5 $ 43,35 $ 8,233,525 3,618 $ 198,67,3 $ 613,156,2 1,585 $ 63,92,3 $ 2,174,193,4 $ 59,527 $ 16,97,287 1,446 $ 67,669,7 $ 236,592, 5,91 $ 197,643,7 $ 634,858, $ 38,822 $ 17,987, $ 38,513,3 $ 129,97, 2,581 $ 119,13,2 $ 42,567, $ 46,111 $ 5,768,472 1,58 $ 73,384,2 $ 252,23,2 5,369 $ 231,2,3 $ 794,373,9 $ 43,62 $ 15,12,142 1,22 $ 53,263,6 $ 183,96,6 3,913 $ 177,824,9 $ 65,865,7 $ 45,445 $ 9,935,712 1,87 $ 51,35,3 $ 177,689,1 3,718 $ 159,11,7 $ 522,13, $ 42,768 $ 12,42, $ 34,938,5 $ 119,38,4 2,667 $ 14,586,2 $ 368,874, $ 39,215 $ 7,716, $ 52,344,8 $ 161,51,5 3,9 $ 175,246,5 $ 584,443,6 $ 58,241 $ 6,151,437 2,441 $ 153,941,2 $ 49,577,9 7,91 $ 515,414,9 $ 1,833,438,1 $ 72,686 $ 4,486,418 2,655 $ 127,81,6 $ 419,591,8 8,524 $ 392,355,2 $ 1,231,91,1 $ 46,29 $ 25,378,638 4,17 $ 21,628, $ 65,927,3 11,551 $ 696,69,1 $ 2,392,629,7 $ 6,261 $ 13,78,614 1,53 $ 6,155,4 $ 223,89,7 5,8 $ 225,34,7 $ 934,548,1 $ 44,358 $ 7,173,973 3,179 $ 152,848,6 $ 58,663,5 1,472 $ 453,58,9 $ 1,515,647,8 $ 43,314 $ 26,446, $ 34,941,1 $ 121,285,2 2,923 $ 115,33, $ 422,457,3 $ 39,456 $ 5,714,292 1,239 $ 6,537,4 $ 2,425, 4,56 $ 194,73,5 $ 724,78,7 $ 48,1 $ 8,673, $ 36,651,6 $ 12,55,1 2,682 $ 18,23,7 $ 368,145,9 $ 4,344 $ 9,279,554 1,484 $ 76,646,8 $ 218,19,9 4,97 $ 27,346,8 $ 957,287,3 $ 65,987 $ 3,93,98 55 $ 33,84,6 $ 97,183,2 1,717 $ 11,141,5 $ 317,332,1 $ 64,148 $ 5,135, $ 12,335,3 $ 44,888, 992 $ 33,957,7 $ 122,986,1 $ 34,232 $ 3,31,666 2,415 $ 158,947,5 $ 458,479,5 7,673 $ 556,361,7 $ 1,776,24,1 $ 72,59 $ 1,145,19 3,345 $ 162,258, $ 539,74,3 1,822 $ 52,749,5 $ 1,879,555,5 $ 46,456 $ 2,476, $ 13,19,9 $ 45,135,1 984 $ 39,137,2 $ 119,641,3 $ 39,774 $ 3,888,487 3,313 $ 162,692,3 $ 558,946,7 11,124 $ 464,561,1 $ 1,511,3,6 $ 41,762 $ 36,554,755 1,23 $ 48,24,7 $ 166,268,7 3,5 $ 139,55,1 $ 456,727,1 $ 39,871 $ 11,567,69 2,335 $ 16,664,8 $ 335,776,3 6,89 $ 39,333,6 $ 1,391,432,7 $ 56,652 $ 8,929,65 3,622 $ 21,643, $ 61,672,6 11,666 $ 589,367,6 $ 1,828,165,8 $ 5,52 $ 28,813, $ 8,99,6 $ 26,74,8 476 $ 33,82,7 $ 92,887,2 $ 71,14 $ 674,214 1,44 $ 61,42,6 $ 212,83,8 4,716 $ 27,588,2 $ 723,338,3 $ 44,18 $ 11,67, $ 28,672,8 $ 97,933,6 2,147 $ 92,853,9 $ 356,241, $ 43,248 $ 4,329,349 2,24 $ 15,252,9 $ 325,241,1 6,397 $ 311,282, $ 948,823,9 $ 48,661 $ 2,594,52 6,686 $ 365,995,9 $ 1,187,783,3 21,386 $ 1,92,273,3 $ 3,583,195,5 $ 51,74 $ 64,853,143 1,783 $ 78,758,2 $ 28,528,5 5,921 $ 246,814,3 $ 891,54,2 $ 41,685 $ 14,4, $ 11,657, $ 36,956,3 85 $ 4,189,3 $ 124,565,1 $ 49,925 $ 1,784,834 1,595 $ 82,152,8 $ 268,255,5 5,437 $ 26,713,4 $ 915,54,1 $ 47,952 $ 11,589,692 1,826 $ 99,21,1 $ 321,52,6 6,261 $ 295,72, $ 991,971,7 $ 47,232 $ 21,445,736 4 $ 17,492,3 $ 63,641,9 1,389 $ 54,71,2 $ 197,372,1 $ 38,928 $ 4,368,282 1,597 $ 74,838,1 $ 252,856,7 5,223 $ 232,941,5 $ 813,154,9 $ 44,599 $ 12,145, $ 15,393, $ 55,915,2 1,333 $ 48,42,3 $ 175,344,4 $ 36,41 $ 4,498,916 9,222 $ 4,581,758,3 $ 14,755,836,7 287,986 $ 14,451,177,9 $ 49,287,946,9 $ 5,18 $ 676,958,534

6 State Rankings Economic Output: Top Ten States Total Economic Output, dollars Texas California Minnesota Florida Illinois North Carolina Massachusetts Pennsylvania New York Total Economic Output, per capita New Hampshire Idaho Minnesota South Dakota Montana Arkansas Nebraska Oregon Connecticut Mississippi Growth in Economic Output Alaska Alabama North Dakota Washington Kansas Oklahoma Nevada Jobs: Top Ten States Total Jobs, number Texas California Florida Pennsylvania Minnesota Ohio North Carolina Illinois Michigan Total Jobs, per capita Idaho New Hampshire Montana South Dakota Nebraska Minnesota Arkansas Utah Growth in Jobs Alaska North Dakota Alabama Kansas Utah Nebraska Nevada Excise Tax: Top Ten States Federal Excise Taxes, number Texas California Ohio Florida Pennsylvania Michigan Washington Tennessee North Carolina Federal Excise Taxes, per capita Alaska Montana Kansas North Dakota South Dakota Idaho Utah Nebraska Growth in Excise Taxes Alaska Kansas Utah North Dakota South Dakota Delaware Nevada

7 What a growing industry looks like... Jobs Wages Economic Impact ,2 183, 22,13 245,75 263, , % since % $6.4 $8.2 $11.7 $1.4 $14.5 $ $19.1 $27.8 $33.4 $ % $43. $ Taxes Generated 4 $ $864 million $1.5 $2. $2.5 $2.9 $ $1.3 $1.9 $2.1 $ % +96% $2.7 $ $352 million $454 $46 million million +92% $72 million $677 million

8 We Are The Firearms Industry 12 Survivors A.T. Wall Company DBA Metalform Acme United Corporation Action Target Advanced Technology International, LLC Aimpoint, Inc. AirForce Airguns AirForce International Ammunition Development Company dba Silver State Armory Audemous, Inc. dba FrogLube Brands Austin Sheridan USA, Inc. Battenfeld Technologies, Inc. Beretta USA Corporation BKL Technologies Inc. Blackhawk Industries Bob Allen Sportswear Boyt Harness Company Browning Arms Company Bushnell Corporation Butler Creek Caesar Guerini/Fabarms Carlson s Choke Tubes CCI/Speer Ammunition Christensen Arms Colt s Manufacturing Company LLC Comp-Tac Victory Gear LLC Condor Outdoor Products, Inc Coonan, Inc. COR-BON/Glaser LLC CZ-USA Dakota Ammo, Inc. Daniel Defense, Inc. Daniel Defense, Inc. Doubletap Ammunition, Inc. Ergo Grips ESS Eye Pro ESS Eyewear Fabarm USA, LLC Federal Cartridge Company Final Approach Waterfowl Fiocchi of America, Inc. Firefield First Samco Inc DBA Fobus Holster FMG Publications FN America, LLC FNH USA Franklin Armory Freedom Arms, Inc. Frogg Toggs FrogLube Galco Gunleather Glaser LLC Glock GOEX Powder Company Gunwerks LLC H & R 1871, LLC. Heckler and Koch, 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 LKCI, LLC Lyman Products, Corp. MAGTECH Ammunition Co., Inc. Marlin Firearms Company Millett Sights MKS Supply, Inc. Mud River Dog Products Nammo Lapua Oy North American Arms, Inc. Nosler, Inc. Numrich Gun Parts Corporation O. F. Mossberg and Sons, Inc. OAKSI ODI/Stag Outdoor Products Olin Corporation/Winchester Ammunition, Inc. Olin Corporation/Winchester Division Otis Technology Outers Parmatech Corporation PJ Industries, Inc. Promatic, Inc Proof Research Pulsar RCBS Remington Arms Company, LLC Remington Outdoor Company Savage Arms, Inc. Sellmark Corporation Sierra Bullets, LLC SIG SAUER Sightmark Sightron, Inc. SilencerCo Simmons Scopes SinterFire Smith & Wesson Firearms Southern Crossbow St. Marks Powder, Inc. Stag Arms Stoney Point Sturm Ruger and Company, Inc. Tasco Taurus Holdings, Inc. Ten-X Ammunition, Inc. Texas Armament & Technology/ Aguila Ammunition The Outdoor Connection, Inc. Thompson Center Trulock Tool U.S. Armor Corporation U.S. Repeating Arms Co. Inc/Browning Uncle Mike s Law Enforcement Uncle Mikes Vista Outdoor Inc. Volquartsen Custom Walls Brands Warne Scope Mounts Weatherby, Inc. Yankee Hill Machine Co. Inc. Zenith Firearms Zenith Quest Corporation ZEV Technologies, Inc. ZQI Ammunition 11 Mile Hill Road Newtown, CT T: F: nssf.org Item #911A 3/16 Promote Protect Preserve