America's Gun Business, By the Numbers

[bennysdad]

Before a gun can be used to hunt, for protection, or in a mass school shooting like Thursday's tragic killing at Umpqua Community College that left 10 dead, it must be bought. That one sale is a single dot in a multibillion-dollar industry, one that is coming under new scrutiny during the post-massacre gun control debate. Here's a by the numbers breakdown.

$13.5 billion
Annual revenue of gun and ammunition manufacturing industry, with a $1.5 billion profit. (IBIS World)

$3.1 billion
Annual revenue of gun and ammunition stores, with a $478.4 million profit. (IBIS World)

10,847,792
The number of pistols, revolvers, rifles, shotguns and miscellaneous firearms manufactured in the U.S. in 2013, the latest full year available. That's 4,441,726 pistols, 725,282 revolvers, 3,979,570 rifles, 1,203,072 shotguns, and 495,142 miscellaneous firearms. (ATF)

4%
Percentage of the above guns which were exported. Of those 10.84 million guns, 10,413,880 stay in America. (ATF)

270-310 million
Estimated of number of guns in the U.S. (Pew Research Center)

263,223
Number of full-time jobs related to the firearm industry, up from 209,750 in 2012. (NSSF)

$42.9 billion
Estimated overall economic impact of the firearms and ammo industry in the U.S. (NSSF)

20,968,273
Number of firearm background checks initiated in 2014. Because a background check is required before a gun is bought, this numbers gives insight into gun sale trends. However, just because a background check was initiated doesn't mean a gun was purchased. (FBI)

9,138,123
Number of firearm background checks in 1999. (FBI)

5
Average number of firearms owned by a gun owner once you toss out the top 3% of gun owners who own more than 25 guns. (Journal of Injury Prevention)

31%
Percentage of American households with guns. (NORC)

29%, 43.7%, 55.9%
Adults living in a household with firearms: percentage by suburbs, other urban areas, and rural counties, respectively. (NORC)

60%
Percentage of Americans who say personal safety/protection is the reason they own a gun. (Gallup)

$229 billion
The cost of fatal and non-fatal gun violence to the U.S. in 2012, representing 1.4% of total gross domestic product.(Mother Jones)

http://www.nbcnews.com/storyline/oregon-college-shooting/americas-gun-business-numbers-n437566

[RobertH]

anything from Mother Jones is complete crap since they are 110% anti-gun.  they add in everything they can think of to skew the numbers in their favor.  however, I don't know the leanings of IBIS World, NORC or Pew Research Center.

i trust the info from the ATF, FBI and NSSF the most.

[shooter]

 how does states like Nebraska screw up the background check numbers since we only get checked once every 3 years? how many other states use the same system?

[RobertH]

how does states like Nebraska screw up the background check numbers since we only get checked once every 3 years? how many other states use the same system?

i believe it is because our CHP and pistol purchase permit bypasses the NICS.

[RLMoeller]

How interesting.  Shall we now look at America's automobile business?