There’s been a lot of talk about the “Trump Slump” in the firearms world. Something about how Trump’s election has hurt the firearms world. While it is true, there was a lot of panic buying due to the fears of Hillary Clinton becoming president, the firearms world is by no means dying out. 2017 is on track to have the 2nd most NICS background checks in a single year since its inception.
Note: These statistics represent the number of firearm background checks initiated through the NICS. They do not represent the number of firearms sold. Based on varying state laws and purchase scenarios, a one-to-one correlation cannot be made between a firearm background check and a firearm sale.
The 2017 Black Friday set a record for the most number of NICS background checks in a day with a total of 203,086. That means US Citizens purchase enough firearms to arm a new branch of the US Military in a single day.
Firearms ownership is on the rise
Firearms ownership is growing in leaps and bounds, both due to first time gun owners joining the ranks, and gun owners owning more firearms than ever before. In 1994, the average gun-owning household was estimated to own 4.2 guns. That has almost doubled in 2013 with the average gun-owning household owning 8.1 firearms.
Make no mistake, gun ownership is on the rise in America. But just because gun ownership is on the rise, doesn’t make companies impervious to poor business decisions or over extending themselves. Yes, there are struggling gun companies out there. However, the NICS background check system’s data shows us that it isn’t due to some sort of massive “Trump Slump.”
Have you done your part to increase firearms ownership in the US?