Gun Sales Drop Estimated 20 Percent 2016 – 2017
Kevin Felts 08.04.17
Every month the FBI releases information from the NICS Firearm Background Check system. The numbers represent the number of background checks performed before a firearm was purchased. While the numbers do not represent the actual number of firearms bought, they provide a rough estimate.
Background checks are usually performed when the sale is ready to be completed. Some purchases are denied for various reasons. So, the number of firearms bought through a licensed dealer is slightly lower than the number of background checks performed.
However, unless required by a certain State, background checks are not performed on person-to-person sales. So, there is no way to know the number of private, person-to-person sales.
Numbers from the NCIS background check system:
- July 2016 – 2,197,169 background checks
- July 2017 – 1,742,546 background checks.
That is a difference of 20.69 percent.
Source – NICS Firearm Checks: Month/Year.
Ray of Sunlight
Even though sales are down and everything seems doom and gloom, there is some good news. Background checks for gun purchases are up 130% from July 2007 to July 2017.
July 2007 – 757,884 background checks.
July 2017 – 1,742,546 background checks.
That is a 129.92 percent increase in the a decade. Let’s go ahead and round that up to 130%
While Obama was President, gun companies got use to record sales. 2016 set a record with 27,538,673 background checks.
President Trump has declared himself a friend of the NRA to gun owners and there is almost no panic buying. The market is awash with firearms, parts and ammunition. If you have ever wanted to purchase a certain firearm, now is the time to do it. This is truly a buyers market.