The total economic impact of the firearm and ammunition industry in the United States increased from $19.1 billion in 2008 to $90.05 billion in 2023, a 371 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to over 384,437, a 131 percent increase in that period, according to a report released by the NSSF.
On a year-over-year basis, the industry’s economic impact rose from $80.73 billion in 2022, to $90.05 billion in 2023.
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