Is The ‘Trump Slump’ For Firearms The Death Of The Industry?

By Tom Knighton

There’s been a lot of talk about the so-called “Trump Slump” for the gun industry. I’ve seen it mentioned repeatedly and even repeated it myself, but there wasn’t a whole lot of hard numbers floating around to show just how bad the Trump Slump actually has been for the firearm industry. Well, we now have some data to talk about, and it doesn’t look good.

Believe it or not, he Trump era of the National Instant Criminal Background Check System (NICS) checks has had seven months of tremendous sales. The National Instant background Check System (NICS) checks were 1,742,546 in July of 2017. There were 14,346,648 checks since January 1, more checks than all of 2010. In 2016, the number was 16,026,660 at the end of July. Through July, 2015, they were 12,067,075. The July figure is 79% of the 2016 NICS checks and 108.8% of the 2015 NICS checks! If you are a numbers nerd, read on…

The NSSF has figured out how to remove checks done for permits and renewals. That gives a much better estimation of the number of new guns sold. Recent calculations by the NSSF show there …Read the Rest

Source:: Bearing Arms