Shooting a key cog for economies in U.S.
Spending related to target shooting in 2011 contributed $287 million to Colorado’s economy and supported 2,574 jobs, according to new report from the National Shooting Sports Foundation.
The NSSF is the trade association for the firearms, ammunition, hunting and shooting sports industry.
The report, “Target Shooting in America: Millions of Shooters, Billions of Dollars,” was released Wednesday in Las Vegas at the Shooting, Hunting and Outdoor Trade Show (SHOT Show).
The SHOT Show is considered the largest such trade show in the world and a key showcase for the firearms and ammunition industry.
The report provides a first-ever look at U.S. target-shooting-related expenditures. Also included are state-by-state statistics for the number of target shooters, retail sales, taxes and jobs.
The target-shooting report complements the Hunting in America report released last March by NSSF and the Association of Fish & Wildlife Agencies.
Nationally, money spent by target shooters in 2011 resulted in $23 billion being added to the nation’s economy and supported more than 185,000 jobs, the report said.
“More people target shooting is good news for the industry, and it is equally good news for America’s economy,” NSSF President and CEO Steve Sanetti said.
Retail sales related to target shooting account for nearly $10 billion, with rifle and handgun shooting being the leading contributors, followed by shotgun and muzzleloader shooting. California and Texas are the top two states ranked by retail sales.
According to the report, target shooters ($8.2 billion) and hunters ($8.4 billion) spend nearly 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.