The United States, home to less than 5% of the global population yet more than 45% of civilian-owned firearms, boasts a unique gun culture that drives a multi-billion dollar industry. The arms and ammunition industry generated over $90 billion in economic output in 2023, supported by more than 3,700 active gunmakers producing nearly 13.4 million firearms in 2022. This strong gun culture is unparalleled globally, illustrating the immense demand among American consumers.
In 2022, North Carolina emerged as a notable hub for small-arms manufacturing, producing 745,313 firearms that year. With approximately 5.6% of all domestic production, rifles constituted 52.1% of firearms made in the state, while pistols accounted for 43.5%. North Carolina's production highlights the significant role it plays in the overall firearms market, despite being one of the many states with licensed gunmakers.
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