Gun Industry Trends Revealed in Shooting Industry Magazine

The data-packed July issue of Shooting Industry magazine reveals key gun industry metrics — such as background checks, financial results from publicly-traded gun-makers, and the latest U.S. firearms manufacturing production data. The annual U.S. Firearms Today Report presents a comprehensive review of gun industry activity, including data on firearm production by caliber, shifts in export/import totals and the top 25 U.S. firearm manufacturers from 2015 (the latest data available).

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As indicated by the ATF’s 2015 Annual Firearms Manufacturing and Export, the industry rebounded across several categories after a challenging 2014. Total firearms production increased from 8,692,461 in 2014 to 8,911,530 in 2015, growth of 2.5 percent. For the eighth year in a row, Ruger was the top overall U.S. firearms manufacturer with 1,667,820 firearms produced in 2015, while Smith & Wesson and Remington were the leading handgun and long-gun manufacturers, respectively. One notable trend is that Savage Arms significantly increased its production output compared to other leading rifle-makers.

Here are the top three rifle makers in 2015 with percentage change from 2014:

• Remington: 774,180 (-16.7%) | Ruger: 662,444 (-6.2%) | Savage Arms: 381,695 (+24.8%)

Gun Sales Trends in 2017 Compared to 2015
The Firearms Today Report reports that, contrary to some perceptions, gun sales remain strong: “Comparing the first five months of 2017 to 2015 (which was the second-largest year for U.S. firearms manufacturing), the industry is performing well. NICS background checks increased by 6.7 percent (from 5,427,494 to 5,793,571) from January through May 2017 compared to the corresponding months in 2015.”

The lastest issue of Shooting Industry (and all 2017 and 2016 monthly issues) can be accessed in their entirety online at www.shootingindustry.com/digital-version. CLICK HERE for July 2017 Digital Edition.