NSSF: Target-shooters’ Contribute $23B to National Economy
About 21 million Americans enjoyed target-shooting in 2012, contributing $23 billion to the national economy and supporting more than 185,000...
About 21 million Americans enjoyed target-shooting in 2012, contributing $23 billion to the national economy and supporting more than 185,000 jobs, according to a report released by the National Shooting Sport Foundation at the SHOT Show in Las Vegas.
The report, “Target Shooting in America,” is the NSSF’s first-ever analysis of the economic impact of target shooting to the nation’s economy. It looks at spending by target shooters at the state and national levels and how that spending supports businesses and jobs.
The report complements the NSSF’s annual firearms and ammunition industry financial assessment and its “Hunting in America” report released earlier this year by NSSF and the Association of Fish & Wildlife Agencies.
According to the NSSF, in 2012 the firearms and ammunition industry generated as much as $38 billion in total economic activity in the country. The industry annually pays $2.5 billion in federal business taxes and contributes nearly $500 million in excise taxes.
The NSSF report states that American companies that manufacture, distribute and sell firearms, ammunition and hunting equipment employ about 100,000 people in the country and generate an additional 120,310 jobs in supplier and ancillary industries. These jobs pay an average of $47,280 in wages and benefits. In addition, the NSSF estimates, the industry’s employees pay more than $2.1 billion in property and income taxes.
The recently released “Hunting in America: An Economic Force for Conservation” notes that U.S. hunting-related spending grew by 55 percent in 2011, adding $87 billion to the nation’s economy and supporting more than 680,000 jobs nationally. “
“During difficult economic times and high unemployment rates nationally, our industry has grown and created over 37,130 new, well-paying jobs over the past two years (2010-12),” NSSF President Steve Sanetti said. “Our industry is proud to be one of the bright spots in this economy.”
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