Despite its 48-month run of more than one million firearms purchased in the U.S., firearm sales have decreased in July 2023 according to the FBI and NSSF. Is this a fact of "the summer lull," or is the market beginning to stabilize after its reaction to social unrest and a world-wide pandemic?
U.S.-imported muzzleloading rifles saw a large uptick in 2023 according to recent figures. Is there a trend on the rise? Some analysts think so.
April 2023 has claimed third place in volume of firearm sales for April, dwarfed only by the record-setting pace set during the pandemic and accompanying widespread social unrest. It also marked the 45th month in a row that saw more than 1 million firearm purchases reflected in the number of National Instant Criminal Background Checks (NICS) processed by the FBI.
The face of gun ownership is changing fast, a welcome trend that accelerated significantly when millions of first-time gun owners joined the ranks during the pandemic and widespread violence.
The industry’s economic impact rose to $80.73 billion in 2022, up from $70.52 billion in 2021. Total jobs increased by more 17,877 in the same period, to 396,696 from 375,819, according to the NSSF report.
At least one million citizens purchased a firearm in February, the 43rd month in a row it has broken the six-figure mark. The number represents a low estimate, too, reflecting only those transactions that resulted in processing of the buyer’s name through the National Instant Criminal Background Check System (NICS) and subsequent approval as a lawful purchaser.