April 20th, 2020

Target Shooting Adds $16.9 Billion Annually to U.S. Economy

NSSF Target shooting statistics tax revenues economic impact gun sales

Did you know that target shooting (pistol, rifle, shotgun) represents a $16.9 Billion per year industry in America? Or that 20 million Americans enjoy target shooting regularly? In fact, target shooting-related spending contributes more than $46 million per day to the U.S. economy. Plus an estimated 329,000 American jobs are supported by target shooting in the USA. These and other remarkable facts were revealed in a 2019 NSSF report from Southwick Associates.

CLICK HERE for Full 2019 Target Shooting Report PDF »

NSSF Target shooting statistics tax revenues economic impact gun sales

NSSF Target shooting statistics tax revenues economic impact gun sales

Not surprisingly, pistol shooting is the most popular form of target shooting, with 13.8 million handgun shooters. The number of rifle target shooters is about 12% less — 12.2 million enthusiasts. Just over 10 million people take part in shotgun sports, and 3.3 million shoot muzzleloading firearms.

NSSF Target shooting statistics tax revenues economic impact gun sales

Firearms Excise Taxes Support Conservation
Target shooting activities not only support local and national business, but the transactions generate vital revenues for federal, state, and local governments. In fact, target shooting generates, on average, over $14 million dollars per day in total tax revenues (i.e. federal, state, and local). Excise taxes on gun and ammo sales are also key to conservation. 2016, the total excise taxes returned to state wildlife agencies through fireams and ammunition sales totaled over $780 million.

NSSF Target shooting statistics tax revenues economic impact gun sales

NSSF Target shooting statistics tax revenues economic impact gun sales

Similar Posts:

Tags: , , , , , ,