2016 Shaping Up as Record-Breaking Year for Gun Sales
The recent Orlando terror attack has sent Americans to gun stores in droves. Prompted by concerns for self-protection (as well as proposed new gun control laws), Americans are buying more guns — all types of guns. This reflects a general trend over the past few years. In fact, it looks like 2016 will see the highest number of gun sales in American history. Based on FBI background check data, it appears that 2016 will set new records for gun sales, with nearly 17 million new guns sold. By the end of the year it is projected that Americans will own 405 million firearms — over 1.25 guns per capita*.
Record-Setting Gun Sales in 2016
by Dean Weingarten, Gunwatch.
In 2016, Americans continue to break records for gun sales. While the National Instant Check System (NICS) does not track gun sales directly, the numbers are highly correlated. The numbers of NICS checks, and the increase in private firearms, have skyrocketed during the Obama administration.
It is possible, even likely, that 2016 will reach over 28 million instant checks. If we reach 28 million instant checks in 2016, that will be about 16.8 million new firearms added to the stock in 2016 [roughly 40% of NICS checks are for “previously owned” guns]. That projection puts us at 405 million private firearms in the United States at the end of 2016.
The total for 2016 (through the end of May) is 11,698,006 instant checks. That is more than the entire year of 2007, which held the record up to that year. Thus, during the Obama years, the number of private firearm sales has doubled. In 2015, the highest year on record, the total number of checks was 23,141,970. 2016 is shaping up to break the 2015 record by millions of instant checks.
May 2016 had the most instant checks of all the months of May on record. That makes 13 months in a row that have broken records for all previous years. If the trend continues, 2016 will reach the record numbers of 2015 by the end of October, with the busy months of November and December still ahead.
©2016 by Dean Weingarten, Gunwatch. Permission to share is granted when this notice is included.
*The USA has an estimated population of 322,762,018 according to a 2015 end-of-year estimate from the U.S. Census Bureau. Source: USNews.com.
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Tags: Background Checks, Census, FBI, Gun Sales, Gunwatch, NICS, Obama
regardless of why people may be buying more guns, the dollars spent are spread widely throughout the suppliers of materials and trades, in this country primarily, and boost a weak economy.