Gun Sales In August Hit Seven-Year Low
By Tom Knighton
While anti-gunners have been pushing and pushing to restrict guns, we have been heralding the record gun sales as proof that not everyone was as anti-gun as they wanted to delude themselves into believing.
However, all good things must come to an end.
Dealers processed more than 2 million applications through the National Instant Criminal Background Check System last month, a 7 percent increase over 2017 and the busiest August ever recorded in FBI history. Estimated gun sales — the sum of transfers in the NICS’s handgun, long gun, multiple and other categories — declined 6 percent and totaled just 889,395, the slowest August since 2011.
The slump falls within the industry’s historical seasonal pattern — slow in the summer with a gradual ramp-up as fall gives way to hunting season. Gun sales typically peak during the holidays and taper off again in the spring, federal data suggests.
Dealers processed nearly 479,000 applications for handguns and just under 362,000 applications for long guns in August. The latter represents a 10-year low for the category, mirroring a similar trend noticed in July.
As noted in the above blurb, this isn’t a signal of doom and gloom. It’s kind of what happens.
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Source:: Bearing Arms