Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Gun Watch (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

NICS for April, 2024: Fifth Highest in Gun Sales and Background Checks

% of readers think this story is Fact. Add your two cents.


 

According to the FBI records the National Instant background Check System (NICS) for April, 2024, the month was the fifth highest April on record for gun sales and for background checks. The month follows a pattern which has developed over the last five years. A gradual drop of sales and background checks from the record level highs of 2020 and 2021 has become consistent. Even with the drop in sales the numbers are still at or above the “new normal” established during President Obama’s second term. President Obama was given the honorary title of “The best gun salesman ever”.  In the NSSF chart for gun sales by year,  you can easily compare adjusted annual sales from before 2008 and after 2008. With President Obama’s election in 2008, annual gun sales bumped to record levels.

By 2012, gun sales were about 50% higher than sales pre-Obama. With the revolutionary election of President Trump, and his phenomenal success in the oval office, gun sales dropped, but never retreated to pre-Obama levels. The deeply flawed election of 2020 set off more records, with gun sales roughly three times higher than they were only 15 years earlier. In 2005, NSSF shows adjusted gun sales of 7.5 million for the year. In 2020, 21.1 million gun sales, or 2.8 times the sales of 2005. Population in the USA increased from 296 million to 331 million, about 12% in the same time period.  Gun sales increased from .025 per person in 2005 to .064 per person when comparing 2005 to 2020.  NSSF reports gun sales have remained over one million per month for the last 57 months.

With a sluggish economy and rampant inflation, the market for more firearms has slowed. It is likely 2024 will show gun sales similar to those in the second term of President Obama. Those levels, of about 14 million per year, appear to be the new normal. Because manufacturers have ramped up production to respond to record demand, prices have been falling for some of the most popular firearms, such as the ubiquitous and common AR15 style rifles. When accounting for inflation, the price of serviceable AR15 style semi-automatic rifles is the lowest ever seen.

As seen the the chart below, handguns are the most commonly sold firearms in today’s market.

 

Handguns (in blue) account for 56% of the firearms sold, while long guns (green) account for 40%. Other and multiple sales account for the remaining 4% of sales.

In 1965, Colt advertised the AR15 semi-automatic rifle at $189.50, which would be  $1885.50 in today’s dollars. Colt’s patent ran out in 1977, and today dozens, if not hundreds of companies manufacture various versions of AR15 style rifles. A fully functional rifle can often be aquired, today, for about $400, or 21% of what a functionally similar rifle cost when Colt introduced them for sale to the civilian market in 1965.  Ammunition is readily available at this time. Prices for ammunition are reasonable, given inflation. Modern ammunition has a shelf life measured in several decades if stored and kept dry in temperatures common to most households.

Given the durability of firearms and ammunition, market saturation becomes possible.  Innovation, such as the recent offering of small, handy, accurate and reliable .22 semi-automatic handguns with magazine capacities from 15-20 rounds can overcome market saturation.  The demand for suppressors and suppressor ready firearms continues at a high level. The Biden administration is pushing for multiple restrictions on the firearms market, and is being stoutly opposed in the courts.  If another political revolution occurs in November, restrictions may be reduced, but return to a more rational political sphere may reduce demand.

©2024 by Dean Weingarten: Permission to share is granted when this notice and link are included.

Gun Watch


Source: http://gunwatch.blogspot.com/2024/05/nics-for-april-2024-fifth-highest-in.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.



Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It’s OXYGENATED

It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex


Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.


Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.