The Economic Impact of Vaping
The Vapor Industry Creates Jobs and Economic Activity in States and Congressional Districts Across The Country
The nicotine vapor industry is a dynamic part of the U.S. economy, accounting for about $22.09 billion in output or about 0.10 percent of GDP. It employs approximately 133,573 Americans who earned wages and benefits of about $7 billion.
Members of the industry and their employees paid $2.83 billion in federal, state and local taxes. This does not include state and local sales taxes or excise taxes that may apply for specific retail purchases which are estimated to total $1.88 billion.
Independent Reports and Publications
Impact of Synthetic
Regulation in Federal Omnibus 2022
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"While vaping has risks, evidence also suggests that vaping can help adults quit smoking.” A simple yet powerful truth that Canadian & UK regulators are able to acknowledge, but that @FDATobacco continues to dissemble as 500K Americans die every year…
VTA's exec dir discusses @reaganudall foundation's report on @FDATobacco in this special edition of @RegWatch arguing that the "Agency needs to take a step back" & "put a hold on making any major decisions" until it addresses the recommendations. Watch:…
Today, VTA issued a release on the critical @reaganudall foundation final report on its review of the FDA's Center for Tobacco Products calling on @DrCaliff_FDA & @FDATobacco to adopt reforms necessary to protect the sanctity of the scientific process. https://vaportechnology.org/vta-statement-on-critical-reagan-udall-foundation-final-report/
VTA's Exec Dir sat down with @brentstafford of @RegWatch to discuss developments in the vape/nic industry including (1) JUUL, flavors, and Sup Ct lawsuits, (2) Reagan-Udall review of CTP; (3) FDA enforcement; & (4) practical solutions for 2023. Watch: https://regwat.ch/3YrmwV2
DON'T FORGET TO REGISTER! VTA's free webinar is tomorrow - 11/30 @ 2:30 p.m. EDT. VTA's fed teams have worked vapor issues in D.C. for years. Hear their insights on the election & what our industry has to look forward…
ICYMI. 2 things... 1. REGISTER for 11/30 2022 POST-ELECTION ROUND UP webinar hosted by VTA's federal teams. Learn what transpired in the election and what to expect in 2023. https://us02web.zoom.us/.../reg.../WN_ezTS5UK0T9qkS93ZsqouQQ 2. READ the inaugural edition of the VTA Insider. https://bit.ly/vta-insider-1
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