firearm-sales

Firearm Industry Statistics

Average Annual Firearm Production (U.S.)
Weapon Production
*Number is the average produced yearly over the past 8 years
Rifle 1,425,500
Shotgun 777,125
Revolver 352,625
Pistol 889,125
Total Average Yearly Production 3,444,375
Firearm Sales Statistics Data
Guns and ammunition manufacturing annual revenue $11,000,000,000
Number of people employed by the firearm manufacturing industry 35,165
Number of weapons and ammunition manufacturers in the U.S. 465
Number of retail gun dealers 50,812
Annual Federal tax dollars collected on firearm sales $123,000,000
Annual number of hunting licenses, tags, permits, stamps sold 31,625,161
Gross money for conservation from license sales $525,753,481
Number of background checks for gun purchases in 2013 17,000,000
Percent of U.S. households that own a gun 32 %
Annual number of Americans who used a firearm for protection 645,000
Percent who felt laws limiting gun ownership infringe on the public’s right to bear arms 49 %
Firearm Market Share Market Share
*Measured in units sold, not dollars.
Remington Rifles 17.5 %
Remington Shotguns 21.5 %
Mossberg Shotguns 21.5 %
Thompson Center Mussleloaders 31.9 %
Ruger Handguns 16.7 %
Bushnell Scopes 17.1 %
Remington Rifle Ammunition 25.3 %
Winchester Shotgun Ammunition 31.9 %
Winchester Handgun Ammunition 22 %
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Statistic Sources & References
Sources: State Fish & Game Departments, Bureau of Alcohol, Tobacco, Firearms and Explosives, IRS
Content Author: Statistic Brain

Date research was conducted: May 6, 2017

Industries
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startup business failure rates statistics

Startup Business Failure Rate By Industry

Industry Percent Still Operating After 4 Years
Finance Insurance and Real Estate 58 %
Education and Health 56 %
Agriculture 56 %
Services 55 %
Wholesale 54 %
Mining 51 %
Manufacturing 49 %
Construction 47 %
Retail 47 %
Transportation, Communication and Utilities 45 %
Information 37 %
Year Percent Failed
Year 1 25 %
Year 2 36 %
Year 3 44 %
Year 4 50 %
Year 5 55 %
Year 6 60 %
Year 7 63 %
Year 8 66 %
Year 9 69 %
Year 10 71 %
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  Major Cause Percentage of Failures Specific Pitfalls
1 Incompetence
46 %
Emotional Pricing
   
Living too high for the business
   
Nonpayment of taxes
   
No knowledge of pricing
   
Lack of planning
   
No knowledge of financing
   
No experience in record-keeping
2 Unbalanced Experience or Lack of Managerial Experience
30 %
Poor credit granting practices
   
Expansion too rapid
   
Inadequate borrowing practices
3 Lack of Experiences in line of goods or services
11 %
Carry inadequate inventory
   
No knowledge of suppliers
   
Wasted advertising budget
5 Neglect, fraud, disaster
1 %
 
  Leading Management Mistakes
1 Going into business for the wrong reasons
2 Advice from family and friends
3 Being in the wrong place at the wrong time
4 Entrepreneur gets worn-out and/or underestimated the time requirements
5 Family pressure on time and money commitments
6 Pride
7 Lack of market awareness
8 The entrepreneure falls in love with the product/business
9 Lack of financial responsibility and awareness
10 Lack of a clear focus
11 Too much money
12 Optimistic/Realistic/Pessimistic
  Businesses with Best Rate of Success After Fifth Year
1 Religious Organizations
2 Apartment Building Operators
3 Vegetable Crop Productions
4 Offices & Clinics of Medical Doctors
5 Child Day Care Services
  Business with Worst Rate of Success After Fifth Year
1 Plumbing, Heating, Air Conditioning
2 Single-Family Housing Construction
3 Grocery Stores
4 Eating Places
5 Security Brokers and Dealers
6 Local Trucking
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Statistic Sources & References
Sources: Entrepreneur Weekly, Small Business Development Center, Bradley Univ, University of Tennessee Research
Content Author: Statistic Brain

Date research was conducted: May 5, 2017

Industries
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