Here’s how much money Michigan’s economy is making from the gun industry

Gun ownership has been a staple of traditional American life since the country’s inception, and even long before. Some Americans only use guns for hunting, sports, or protecting their homes, but many gun enthusiasts are embracing the Second Amendment and loading as many guns as they can. Whether it’s one gun or 20, selling guns in the United States is a lucrative business.

The National Shooting Sports Foundation estimates that Americans purchased about 18.5 million firearms in 2021, the second in a year and down slightly from the record high of 21 million in 2020.

With these consecutive years of historic arms sales, someone is profiting big, including some states.

Directly and indirectly, the firearms industry accounts for a total of 11,759 jobs in Michigan – 5,155 in the manufacturing, sales and distribution of firearms and ammunition, and another 6,604 in supply industries. and auxiliaries – the ninth among the 50 states.

Michigan’s gun industry paid an average salary of $52,206 in 2021 and generated about $123.6 million in federal business tax revenue that year.

Taking into account wages and taxes as well as indirect contributions, the firearms industry contributed $1.9 billion in production in Michigan in 2021, the 14th highest amount among the states.