Lines are from 2022. Bars are from 2023.
Posted on 08/11/2023 5:06:47 AM PDT by marktwain
The National Instant Background Check System (NICS) shows another slide in gun sales and background checks for July of 2023. According to calculations, gun sales for July 2023 have dropped 17.8% from July 2022. The NICS total background checks declined by about 16.8% from July 2022. July 2023 comes in fifth for total gun sales of all July numbers since 1999 and sixth in NICS background check numbers since 1999, which was the start of the NICS system.
The number of gun sales calculated for the month is nearly a million. The National Shooting Sports Foundation (NSSF) released its estimates for gun sales in July. There is uncertainty in determining how many background checks translate to gun sales. My calculations and the NSSF numbers are reasonably close. From the NSSF:
The July 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1,023,903 is a decrease of 17.0 percent compared to the July 2022 figure of 1,233,115. For comparison, the unadjusted July 2023 FBI NICS figure 1,987,650 reflects a 15.7 percent decrease from 2,358,150 in July 2022. July 2023 marks the 48th month in a row, four years, that has exceeded 1 million adjusted background checks in a single month.
In some segments of the firearms market, supply may be overcoming demand. As that happens, prices drop. There are perfectly good AR-15 rifles for less than $400 on the market. The price when the first AR-15 rifles were offered to the public by Colt in 1964 was $189.50. Dollars in 1964 were worth much more than they are today. A dollar in 1964 was worth about $9.84 of today’s dollars.
(Excerpt) Read more at ammoland.com ...
Lines are from 2022. Bars are from 2023.
I wonder what impact inflation, broadly, has had on the price of firearms and ammunition, and the extent to which it has an impact year-over-year.
S&D seems to far outweigh inflation as a determinant of cost in firearms and ammo. Less disposable income due to inflation, however....
What’s a good AR for 400?
If you watch the sales, you will find AR15 rifles for $400 or so. They are the basic model. Many do not come with sights.
I have not tried a radical arms rifle, but most AR15 style rifles do a pretty good job. This is the low end.
You can go as high as you like.
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