The National Shooting Sports Foundation released a study documenting the benefit target-shooting activities has on the American economy: Target Shooting in America: Millions of Shooters, Billions of Dollars.
The report provides a look at target shooting-related expenditures in the United States along with state-by-state statistics for the number of shooters, retail sales, taxes and jobs. This target-shooting report complements the report, Hunting in America previously released by NSSF and the Association of Fish & Wildlife Agencies.
The money target shooters spent in 2011 resulted in $23 billion being added to the nation’s economy and supported more than 185,000 jobs nationally. Retail sales related to target shooting account for nearly $10 billion, with rifle and handgun shooting being the leading contributors, followed shotgun and muzzleloader shooting. California and Texas are the top two states ranked by retail sales, each topping $800,000,000. In Texas, target shooting-related spending contributed $1,452,958,852 to the state’s economy and supported 12,735 jobs.
“More people target shooting is good news for the industry, and it is equally good news for America’s economy,” said NSSF President and CEO Steve Sanetti. Combining data from Target Shooting in America and Hunting in America shows that target shooters and hunters together poured more than $110 billion into the nation’s economy, fueling more than 866,000 jobs. “Communities and businesses of all sizes benefit from these activities,” said Sanetti.
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. These are good jobs, paying an average of $47,709 in wages and benefits. 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. This is in addition to over $2.86 billion in federal business taxes and $643.92 million in federal excise taxes.
Target shooters ($8.2 billion) and hunters ($8.4 billion) spend near equal amounts on equipment common to both pursuits, such as firearms, ammunition and accessories. Hunters spend more overall than target shooters when factors such as fuel, food, lodging and transportation are included.
“The Target Shooting in America and Hunting in America reports give us a more complete understanding of the economic importance of the shooting sports in America,” said Sanetti. “We’ve long known about the recreational benefits of these activities, and now we know how much they contribute to our country’s financial well-being.”
Read Target Shooting in America at:
Read more in our August 2014 issue. Back issues are available.