Huge Increases in U.S. Gun Production in Recent Years
Are you a gun-loving number cruncher? Then you need to read a new Shooting Industry Magazine Report. This report, filled with reams of hard data from the past two decades, reveals the state of the gun-making industry. You may be stunned to see how firearm production has skyrocketed in the past few years. In fact, total U.S. firearm production rose to 8,872,456 units in 2012, compared to 6,351,479 in 2011. That’s a 39.7% increase. SEE MORE STATS.
U.S. Gun-Makers Set Production Records
The top three firearm manufacturers all increased production substantially in 2012 compared to 2011, setting new production records. In 2012, the #1 American gun-maker, Ruger, boosted production 48% over 2011 levels. The #2 company, Remington Arms, raised production 13% in 2012, while #3 Smith and Wesson increased production 31% in 2012 compared to the year before. What’s more, in 2012, each one of these three U.S. manufacturers built more than a million firearms. That’s an historic first according to Shooting Industry Magazine.
More Guns = Higher Demand for Ammo and Reloading Components
If you have been wondering “Where did all the powder and .22 LR ammo go?”, take a good look at the chart above. There has been an enormous boost in production in recent years. Unquestionably, many of the buyers of all those new guns are looking for ammo to shoot. This helps explain why ammo and reloading components are in short supply.
Gun Sales Are Below Record 2013 Levels, But Are Still Very High
Gun sales peaked in 2013, and there has been a slow-down in 2014. However, it does look like 2014 sales will outpace 2012. The Shooting Industry Magazine report declares: “During May 2014, NICS conducted 877,655 (NSSF-adjusted) background checks. While this was a 9.9% decrease, compared to May 2013, it was the second highest May in NICS history. More importantly, it was a 4% increase over May 2012. This trend — a decrease in background checks compared to 2013, but an increase compared to 2012 — is reflected in the early months of 2014.”