The United States boasts the world’s largest firearms market, generating $90 billion in economic output in 2023, with substantial growth in gun manufacturing and ownership.
According to a Gallup poll, over 40% of U.S. residents report living in a household with a gun, primarily for self-protection, reflecting strong cultural ties.
Manufacturing data shows an extraordinary rise in gun production; one million more guns were made between 2020 and 2022 than in the entire 2000-2010 decade.
With states like New Hampshire producing 2.9 million guns in 2022, firearms manufacturing is concentrated in a few states, signifying a localized but impactful industry.
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