Skip to comments.GUN, AMMO SALES UP 14 PERCENT
Posted on 08/07/2007 5:45:57 AM PDT by epow
GUN, AMMO SALES UP 14 PERCENT; $70 MILLION FOR CONSERVATION . . .
Sales by gun and ammunition manufacturers grew by 14 percent in the first quarter of 2007 compared to the same period a year earlier, according to one of the firearm industry's best economic indicators. The statistics are taken from the latest Pittman-Robertson federal excise tax collection report. Excise taxes are calculated as a percentage of wholesale receipts, paid quarterly by firearm and ammunition manufacturers, and earmarked for state wildlife conservation and habitat restoration programs.
From January through March, $70 million was generated for conservation, compared to $61 million in 2006. The latest tax collections suggest overall sales of $653.9 million during the quarter, not including retail markup or final retail sales. The increase was seen across the board in sales of handguns, long guns and ammunition.
According to a post yesterday, there’s a “shortage” of ammo in New Hampshire.............But I think it was bs..........
Link is to web site, not the article. What is the reason suggested for the supposed shortage?
Check the copper and lead markets for the last couple of years for confirmation---
I bought some 7.62 tracers and some SS-109 from them about 2 years ago. You’re right. Fast and inexpensive.
People are getting nervous about a possible “Democratic” administration (regime), a Democratic gun ban, mosques and Islamofascists appearing in their neighborhoods, Islamofascist nukes going off in American cities and the total chaos that would bring.
Gosh, it’d be worse than Katrina. A nationwide Katrina. An outright armed revolution.
Apparently some people in the US think that they’re going to be on their own and have to take care of themselves.
Midway is a good company run by good folks. I used to order all my reloading tools and components from Midway, but when they changed their flat rate shipping charge policy it became less expensive for me to drive 20 miles over to Georgia Arms in Villa Rica to get my supplies. But with $3 gas now days I may have to reconsider. Anyway, I have a reasonably good supply of components and loaded ammo stored in my basement.
Maybe sales $ are up because prices, especially AMMO prices are up?
Wal-Mart just jumped their 100rnd “white box” prices up by about 30% in my local store and good luck finding any commercial 5.56mm out there for a reasonable price.
I used to spend about $2500 a year at Midway, but their shipping charges made me buy local. And it seems that nearly every popular reloading component, like 5.56mm 55gr FMJ, is out of stock lately.
I hadn't thought of that, but you're right. Ammo prices have gone through the roof lately, along with the price of reloading components for those of us who roll our own. Fortunately for me I still have a lot of components that I bought back before the prices shot up, and I recycle most of the lead that I shoot at my backyard firing range. (Yeah, I live out in the sticks)
Yeah, I just checked the website of Georgia Arms where I usually buy and they aren't even showing any components on their price lists. That could mean that they're out of stock on practically everything, but their website has always been an amateurish mess and I'm hoping it's just an oversight.
I just reloaded my last batch of 1000 55gr FMJ and now I can’t find any replacements. None of my dealers can confirm when they’ll have primers, powder or bullets in stock.
The good news is the ammo industry is expecting a price slump in the near future (to hear defense industry analysts speak of it).
If prices drop, I’m stocking up (and driving prices back up ;)
Exactly. Ammo prices are up, therefore tax receipts are up. Duh.
And, there is no ammo shortage in NH, at least in the common calibers, though I have heard some of the less common cartridges like 10mm are tough to get.
I wasn’t there, but the Machine Gun Shoot Republican fundraiser at Pelham last weekend was well attended, and no one reported that they ran out of ammo.
I bet magazine sales are up too. Got have some place to keep it ready. LOL.
It’s hard to get the .45LC/225 gr and .410 #4 shot for my taurus tracker/judge locally.
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