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Topic: RSS FeedFirearm business still increasing
Shooting Industry, Sept, 2008 by Russ Thurman
The industry continues to defy predictions of a drop in sales, with a continuing increase in the number of firearm background checks. For the first seven months of 2008, there was an 9.42 percent increase in background checks over the same months in 2007, according to the FBI's NICS. As noted in our previous analysis of the NICS data, the increases this year are impressive since 2007 was a record-setting year in background checks.
During the first seven months of 2008, NICS conducted 6,542,806 background checks, an increase of 563,291 over the same period in 2007.
While the background-check data is not a "pure" indication of "sales," it is the best indicator of what is happening nationally in the firearm market. Let's face it, customers don't go to gun shops to fill out a Form 4473 because they're bored. They're willing to go through the background check for only one reason: To buy a firearm.
2006 775,518 820,679 845,219 700,373 2007 894,608 914,954 975,806 840,271 2008 942,556 1,021,130 1,040,863 940,961 2006 626,270 616,097 631,156 833,070 2007 803,051 792,943 757,884 917,358 2008 886,183 819,891 891,224
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