Firearm Purchases Still a Boom Market

"Overall, the United States continues in a boom of firearm purchasing that started with the election of President Barack Obama in late 2008. In the four years before the Obama Presidency, 2005-2008, there were about 43 million checks done. In the last four complete years, 2015-2018, there were 102 million checks.

"The population increase from 2008 to 2018 was about 7 percent.

"There is no doubt the number of firearms in the United States has increased enormously during the last decade. There is no doubt the number of people actively carrying guns for self-defense has also increased enormously."

Read more: https://www.ammoland.com/2019/06/re...may-2019-it-just-keeps-growing/#ixzz5qReW6zB8
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The current President hasn't demonstrated that he gets the 2nd Amendment so...

All the while distributors of gun products are going of business and manufacture's are filing bankruptcy. It's an odd world we live in.

JBoyette said:

All the while distributors of gun products are going of business and manufacture's are filing bankruptcy. It's an odd world we live in.

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Too many of them are running on volume and growth models to justify their stock prices and their value. IMHO because they need to show growth and volume they are selling $20 for $10. They are in a race for the bottom. Look how many offerings there are for AR15s under $500 and quality pistols in the $300 range. They keep making them and they need to move the metal. This is good for buyers in the short term but bad for manufacturers etc... Eventually it will be bad for consumers as well because there will be consolidation and then prices will rise.

IMO, EETTOO & YMMV

Left to its own devices, the market always regulates itself. When there is a problem with the market, the cause can always be traced back to the government.

And before someone leaps in with the "corporatism" argument ...

... let me further postulate that corporatism and mercantilism cannot exist in a truly competitive market. Only when government rigs the tax and trade game does either or both become a viable business strategy model.

Finally, when WTP give government the power to distort the economy, WTP should really not be surprised that it never works out in our favor in the long run.

IMO, EETTOO & YMMV

and that data on NICS checks doesn’t account for the additional number of CHP holders that are buying firearms without an additional BGC...miss less private sales

Fine with me...

Nics checks don't tell the full tale. Since I got my CHP, i have had 1 NICS check for renewal. I have purchased more firearms than that.

Data on private sales is immaterial to the number of firearms in circulation, as they normally involve firearms already out there.

Car0linab0y said:

Nics checks don't tell the full tale. Since I got my CHP, i have had 1 NICS check for renewal. I have purchased more firearms than that.

Data on private sales is immaterial to the number of firearms in circulation, as they normally involve firearms already out there.

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Where it >is< relevant is that I would wager that most NICs checks are for new guns and new owners. Most of us old hands who have been collecting and owning for years do more of the private transactions. So yes, NICS doesn't give a good indication of total sales, it does (in my opinion) point to new shooters and new firearms being sold.

So what you guys are saying is that there is a vast untracked trade in arms in the United States. Oh the horror.

JimB said:

So what you guys are saying is that there is a vast untracked trade in arms in the United States. Oh the horror.

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Lol... Dealer still has "the forms 4473" on file.

We're gonna need a bigger boat!

B00ger said:

Where it >is< relevant is that I would wager that most NICs checks are for new guns and new owners. Most of us old hands who have been collecting and owning for years do more of the private transactions. So yes, NICS doesn't give a good indication of total sales, it does (in my opinion) point to new shooters and new firearms being sold.

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Even the "old hands" occasionally buy a new one, or a half dozen stripped lowers on sale, or whatever

Do all new domestic firearms go through FFLs?

I think so (to within the noise). So NICS checks + alternate forms of checks (CHP, maybe LE creds some places?, other stuff?, varies by state) would tell you the rate of increase in (legally produced or imported) firearms in the country (ignoring illegal exports, and self-manufactured). I suspect that from 4473s that get turned in when FFLs go out of business that govco has a pretty good idea of the ration of NICS to other verifications for new firearms. So there should actually be pretty good data on the # of firearms added to the national "inventory" since NICS started at least. If they wanted to share it with us.

"There is no doubt the number of firearms in the United States has increased enormously during the last decade. There is no doubt the number of people actively carrying guns for self-defense has also increased enormously."


What worries me is that the number of people receiving even a minimal amount of training and / or practice of their gun handling skills has not increased proportionately. ( unless anyone has data to the contrary )



.

Gator said:

"There is no doubt the number of firearms in the United States has increased enormously during the last decade. There is no doubt the number of people actively carrying guns for self-defense has also increased enormously."

What worries me is that the number of people receiving even a minimal amount of training and / or practice of their gun handling skills has not increased proportionately. ( unless anyone has data to the contrary )

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That's called freedom and responsibility. Deal with it.

What worries me is people that support the 2nd, but... think that training should be mandatory to get permission to exercise a right.