Gun Sales and Mass Shootings graphic discusses the rise in gun sales and the lucrative profits gun manufacturers continue to make.
300 Days in 2015 = 312 Mass Shootings
2 Largest Gun Manufacturers
- Smith & Wesson Holding Corp. (NASDAQ: SWHC) — up 90%
- Sturm, Ruger & Co. (NYSE: RGR) — up 70%
- Gun stocks almost always soar the week after prominent mass shootings.
- Stocks plummeted after Sandy Hook, but sales increased dramatically.
- 12/17/2012 – 12/23/2012, the week following Sandy Hook, 953,613 guns were sold.
- The highest weekly total ever – 200,000 more than the 2nd highest.
Why?
1) Fear – stricter gun laws
2) Fear – the threat of similar violence
3) Fear – uncertainty
The Supply and Demand of Guns
Guns Processed
- 1999 – 9,138,123
- 2014 – 20,968,547
Guns Manufactured
- 1986 – 3,040,934
- 2013 – 10,884,792
1998-2015:
- 202,536,522 – gun transactions
- 1,238,298 – federal denials which was 0.6% of transactions
Reasons for Federal Denial
- Convicted of a crime punishable by more than one year or a misdemeanor punishable by more than two years 55%
- Fugitive 11.4%
- Domestic Violence Misdemeanor 9.5%
- Unlawful User/Addicted to a Controlled Substance 8.6%
- State Prohibition 5%
- Protection/Restraining Order for Domestic Violence 4%
- Under Indictment 2.6%
- Adjudicated Mental Health 1.6%
- Illegal Alien 1.3%
- Federally Denied Person .5%
- Dishonorable Discharge .08%
- Renounced U.S. Citizenship 0%
Don’t expect the firearms market to curtail.
- Gun sales are on a record pace.
- And gun manufacturers continue to make lucrative profits.
Since Columbine:
+ more than 80,000,000 guns produced
+ 200,000,000 guns bought
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- 10 Federal Agencies for Security Careers
- Most Affordable Security Degree Programs
