The Down Range Forum
Member Section => Down Range Cafe => Topic started by: rojawe on February 17, 2009, 05:53:24 PM
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Sales Up 10% for Manufacturers in Third Quarter
Excise Tax Collections: July - September
Handguns
Long Guns
Ammunition
$19,882,672.52
$33,253,298.08
$36,643,018.49
Total
$89,778,989.09
Firearms and ammunition excise tax collections
for third quarter of calendar year 2008.
$90 MILLION GENERATED FOR CONSERVATION . . . New data from the U.S. Treasury Department show sales by firearm and ammunition manufacturers increased 9.7 percent between July and September when compared to the same period the previous year. Sales of pistols and revolvers were up 23.6 percent, ammo sales rose 8.4 percent and long gun sales saw a 4.1 percent increase, according to the latest Pittman-Robertson federal excise tax collection report. Excise taxes are calculated as a percentage of wholesale receipts, paid quarterly by firearm and ammunition manufacturers, and earmarked for state wildlife conservation and habitat restoration programs. These statistics are based solely on U.S. civilian sales and do not include sales to military, police, etc. During the quarter, $89.7 million was generated for conservation -- $19.8 million was collected for pistols and revolvers, $33.2 million for long guns and $36.6 million for ammunition. The latest tax collections suggest overall sales of $834.2 million, not including retail markup or final retail sales. Total excise tax collections for the federal government's fiscal year (Oct. 1 to Sept. 30) were $321.9 million.
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That's what I call Stimulas ;D
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Just remember that what is reported as "increase in sales" is measured as an increase in "sales revenue". Part of that increase reflects whatever increase there was in price of ammo and firearms. Units sold is a better measure of up tick in business.