· When Obama was sworn in, the U.S. firearms business was a $19 billion industry. Last year: $31 billion, according to the National Shooting Sports Foundation (NSSF)
· Job growth in the industry over the same time frame: Up 30% (NSSF)
· The gun industry’s record prosperity is also reflected in Ruger sales, up 98% since 2009, and Winchester ammo sales, which are up 33%.
· The federal government’s National Instant Criminal Background Check System (NICS) reports big increases in background checks for gun purchases (up 20 months in a row through January 2012).
“Some people jokingly refer to [Obama] as the salesman of the year for the industry,” says NSSF’s Senior Vice President Lawrence Keane.
Instead of vilifying Obama, the gun industry should thank its lucky stars for the Obama presidency. To put it bluntly: He’s good for business.”