Guns

Gun Sales Continue to Soar in 2009

NEWTOWN,
Conn.
-- During a time period of great economic uncertainty, firearm and
ammunition sales have continued to increase throughout the country.

According to
the most recent Firearms and Ammunition Excise Tax Collection Report, released
earlier today by the Department of the Treasury, firearm and ammunition
manufacturers paid more than $98.1 million in the fourth
calendar quarter of 2008, up 31.3% over the same time period
reported in 2007.

Manufacturers of firearms and ammunition pay a federal excise tax
-- a major source of wildlife conservation funding --on all firearms and
ammunition manufactured (11% on long guns and ammunition and 10% on handguns).

The report,
which covers the time period of October 1, 2008, through December 31, 2008,
shows that $27.6 million was collected for pistols and
revolvers, $35.0 million for long guns and $35.5
million
for ammunition. Compared to the same quarter in 2007,
collections were up 70.1% for handguns, 11.4%
for long guns and 31.1% for ammunition.

These
figures close out the 2008 calendar year. In 2008, a total of $345.2
million
was collected in excise taxes, up 13.9% from
the $303.2 million collected in calendar year 2007.

"Demand for
firearms and ammunition is clear," said NSSF President Steve Sanetti. "Since the
November elections we've seen an increase in firearm ownership coupled with an
unprecedented level of attendance at firearm safety courses nationwide.
Americans are buying firearms, and they're taking the proper precautions to
ensure that they exercise their individual Second Amendment rights safely and
responsibly."

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Chart

Translation to Sales:

Using the
latest collections as an indication of sales, a projection of $917.5
million
was generated in the fourth quarter (calendar year) of 2008.
Please keep in mind that although excise taxes are one of the best
indicators of industry performance, they only report what the manufacturers paid
in taxes and do NOT reflect retail mark-up and final retail sales. Furthermore,
these figures are based solely on U.S. civilian sales and do not include sales
to military, police and other governmental agencies.

Pistols
and revolvers: $27,649,109.11 / .10 = $276,491,091.10 = $276.5
million for handguns

Long
guns: $35,021,474.66 / .11 = $318,377,042.36 = $318.4 million for
long guns

Ammunition: $35,488,061.46 / .11 = $322,618,740.55 =
$322.6 million for ammunition

Total estimation for the quarter: $917.5
million

Using the
same methodology, a projection of $3.22 billion dollars was
generated in calendar year 2008, up 15% from the $2.8 billion projected for
calendar year 2007.

Pistol and
Revolvers: $907.1 million
Long guns: $1.15 billion

Ammunition: $1.16 billion

"These
numbers speak to a much greater story," said NSSF Senior Vice President and
General Counsel Lawrence G. Keane. "America's gun owners have serious concerns
about the country's current political make-up. Lawmakers should recognize this
and understand that these gun owners are not merely consumers buying a product,
but voters reacting to a very real threat."