Economic Impact of Firearm Industry More Than Doubles During Obama Presidency

Mar 7, 2016 | 0 comments

The total economic impact of the firearms and ammunition industry in the United States increased from $19.1 billion in 2008 to $42.9 billion in 2014, according to a new report released last week by the primary trade association representing the industry. The time period reflects the years since President Barack Obama has been in office. During those years, the Administration has made continued efforts to restrict or prohibit certain type of firearms and ammunition.
The report, compiled by the National Shooting Sports Foundation, also indicated that the increase was mirrored in the number of “full-time equivalent jobs” within the industry, which …read more

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