Black Friday Record BROKEN: 200,000 Guns Sold – The “Trump Slump” Is a MYTH!

Black Friday Record BROKEN: 200,000 Guns Sold – The “Trump Slump” Is a MYTH!

http://ift.tt/2i6GyEY

Black Friday Record BROKEN: 200,000 Guns Sold – The “Trump Slump” Is a MYTH!

Those who expected the slump in the gun market to extend to the buyingest day in the year will be surprised: Black Friday, November 24 shattered the record for most NICS checks in a single day by over 17,000, reports USA Today. The total? 203,086 background checks processed, up from 185,713 in 2016 and 185,345 in 2015.

This record-setting day comes in defiance of a year that some have begun to call the “Trump Slump” – a slowdown in gun sales on the heels of the surprise 2016 election results. It seems likely that overall demand for guns continues to be strong, but that in the absence of any imminent gun legislation buyers have more patience to wait for sales like those offered on Black Friday. Even in the relative lull that has been 2017, gun sales continue to be brisk. As of October 2017, nearly as many NICS checks have been processed than were processed in the entire year of 2014, and NICS checks through October 2017 are 15% higher than for the first 10 months of 2015. If that trend holds true, than rather than a “slump” year, 2017 will in fact nip at the heels of record-holder 2016. We can expect at least 2.66 million NICS checks for all of 2017, against 2016’s 2.75 million checks – meaning there is still a possibility that a 2017 Christmas gun buying surge (like happened in 2015) could have 2017 taking the record for itself.

In short, 2017 doesn’t seem so much like a slump as it does a continuation of the NSSF’s “new normal” of sustained, elevated gun sales.

Hunting

via The Firearm Blog http://ift.tt/ywCWoj

November 25, 2017 at 10:50PM

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s