Friday, July 5, 2013

Gun Sales Declining

With the standard caveat that a NICS check does not equal a gun sale, I note that June NICS checks are 1.6% lower this year than from June of last year. OTOH, this fails to offset the enormous jump we saw in Jan. and Feb. so we're still on track for some 22 million plus checks this year, an all time record.

Now as soon as all those new gun owners have squirreled away the requisite 5,000 rounds in each of the standard calibers, 9mm, .45, .223, .308, and 12ga whether they actually own a gun in that caliber or not, we can expect to see normal inventories of ammo return to the shelves at your friendly local arms merchant.

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