Quantcast
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Has the gun market been revivified

Discussion in 'General Gun Discussions' started by bushmaster1313, Mar 12, 2011.

Thread Status:
Not open for further replies.
  1. bushmaster1313

    bushmaster1313 Member

    Joined:
    Oct 26, 2008
    Messages:
    3,591
    Location:
    Peoples Republik of New Jersey
    Lot's of people in our great country are hurting from the economy, but it seems the gun market has had a bit of energy shot into it.

    Any other observation from the forum?
     
  2. ColtPythonElite

    ColtPythonElite Member

    Joined:
    Jan 8, 2011
    Messages:
    7,655
    I didn't know it ever died.
     
  3. DPris

    DPris Member

    Joined:
    Nov 4, 2007
    Messages:
    4,547
    The market is actually somewhat depressed at the moment, after the Obamascare Bubble burst.
    Denis
     
  4. ColtPythonElite

    ColtPythonElite Member

    Joined:
    Jan 8, 2011
    Messages:
    7,655
    It's active in my area. I have a friend who owns a gun shop. He's been selling around 90 a week.
     
  5. Sam1911

    Sam1911 Moderator

    Joined:
    Oct 22, 2007
    Messages:
    33,736
    Location:
    Central PA
    If the Obama panic didn't bring this to your attention ... well? Were ya asleep? :D

    Seriously, though, check this out: http://www.fbi.gov/about-us/cjis/nics/reports

    That's the FBI's report on total NICS checks. Back in the early 2000s gun sales were holding steady at right between 8-9 million guns sold (not necessarily new guns, just guns sold through dealers and requiring a background check). That held true until '06 when the number started to jump up sharply. As of 2009, that number was up over 14 million a year! Looks like 2010 might have seen a slight falling off (numbers aren't complete) but certainly 13-14 million more were sold then.

    Yeah, certain parts of the gun industry are doing a brisk business.

    (Now, hunting rifles and shotguns don't seem to be enjoying the boost that the black rifles and handguns have seen, but a rising tide floats all boats, right?)
     
  6. hso

    hso Moderator Staff Member

    Joined:
    Jan 3, 2003
    Messages:
    47,964
    Location:
    0 hrs east of TN
    Down right now because discretionary funds are down.
     
  7. Ala Dan

    Ala Dan Member in memoriam

    Joined:
    Dec 24, 2002
    Messages:
    12,879
    Location:
    Home Of The First Capitol Of The Confederate State
    Even with the economy dipping South, many folks have found cash $$$$ to
    buy firearms; at least that is my opinion, and I am sticking too it~! :D
     
  8. SharpsDressedMan

    SharpsDressedMan member

    Joined:
    Feb 18, 2007
    Messages:
    5,957
    Location:
    NE Ohio
    I'm impressed! Revivified really Is a word!:eek::D
     
  9. ColtPythonElite

    ColtPythonElite Member

    Joined:
    Jan 8, 2011
    Messages:
    7,655
    Heck, because the stock market has been dipping, I've intentionally been putting some spare money in a few select guns for investment purposes.
     
  10. gym

    gym member

    Joined:
    Dec 9, 2007
    Messages:
    5,903
    Yes, I see more folks getting guns who would never have considered it a few years ago
     
  11. Weevil

    Weevil Member

    Joined:
    Apr 4, 2010
    Messages:
    690
    Location:
    Colorado
    It's definintely going at a brisk pace here locally.

    The shops won't even think about dealing on the price on handguns, they're selling them as quick as they get them. I was talking to the owner at one place and he said it's getting to the point where he can't even keep the more popular models like the Glock and Kimbers in stock and has order them for people, and there's a fair amount of wait time before they come in.

    The rifle market seems to have petered out but handguns are selling as fast as they can get them.
     
  12. bluetopper

    bluetopper Member

    Joined:
    Dec 17, 2005
    Messages:
    3,235
    Location:
    Northeast TX
    Our President is the best gun salesman of our time.;)

    We all know what he would do with guns if he had his way.
     
  13. george29

    george29 Member

    Joined:
    Sep 23, 2006
    Messages:
    1,311
    Location:
    Land of Entrapment
    Brisk sales in NM.
     
  14. buzzg

    buzzg Member

    Joined:
    Sep 6, 2005
    Messages:
    33
    Location:
    Oregon Forest
    Sales here in Southern Oregon - Medford, Grants Pass - are brisk according to local dealers.
     
  15. DPris

    DPris Member

    Joined:
    Nov 4, 2007
    Messages:
    4,547
    I should have clarified. :)
    Gun sales are beginning to decline COMPARED TO levels of the last 18 months.
    Inventory is beginning to move more slowly from at least some of the makers.
    The fact that you can find ARs & such at dealers' now is an indication of a slowdown.
    Ammomakers catching up is another. You can now find stocks of ammunition at retailers that simply weren't there a year ago.

    I wouldn't call it a revivified market.
    Things are still moving, but there's an industry slowdown in general.
    Denis
     
  16. Ignition Override

    Ignition Override Member

    Joined:
    Sep 15, 2007
    Messages:
    5,206
    Location:
    The Mid-South.
    If ammo prices soon jump up 10-20% (due to fuel prices), as people are told by distributors and retail shops, won't this reduce some demand for guns?

    Will present fuel prices reduce available cash for guns and ammo, or will this regular cash come from elsewhere, as it is not considered a luxury by most active shooters?

    Handguns must be the focus due to comments made by smug MSNBC personalities (O'Donnell: "The NRA has blood on its hands") and politicians after the Tucson massacre.

    In stark contrast, apparently two of the numerous AR-15 builders/assemblers are filing Chapter 11.
     
    Last edited: Mar 14, 2011
  17. lokpyrite

    lokpyrite Member

    Joined:
    Dec 26, 2010
    Messages:
    30
    I fully expect to see many more "used" guns on the market with cash getting tight.
     
  18. content

    content Member

    Joined:
    Jul 27, 2009
    Messages:
    2,015
    Location:
    South Carolina, born in Valley Forge Pa.
    Hello friends and neighbors // I think there are certain firearms that are selling at above average rates and others that are simply not moving.

    The current run of Mosins seems to be doing well.
    The Taurus Judge sales are amazing around here.

    On the other hand I recently bought a S&W 29-2 8 3/8" with box, papers and Bianchi shoulder holster ($100.00 on some sites) for $500.00 OTD. Other than holster wear at the tip of the barrel it appears hardly used.

    I think the market has revived/stablized but is shifting to SD/HD and somewhat less knowledgeable consumers.
     
  19. bushmaster1313

    bushmaster1313 Member

    Joined:
    Oct 26, 2008
    Messages:
    3,591
    Location:
    Peoples Republik of New Jersey
    Sounds nice, but a limited market.
    3.5 inch and 5 inch are selling better
     
  20. rellascout

    rellascout member

    Joined:
    Dec 22, 2004
    Messages:
    5,149
    Location:
    VA
    Look at the classifieds here or on any other site.... things are not moving quickly. Consumer confidence is still way down. We are still loosing a lot of jobs with little job growth. Gas is back up... people are spending less. Guns are not immune to these greater economic forces.
     
  21. oldbear

    oldbear Member

    Joined:
    Nov 1, 2009
    Messages:
    1,136
    Location:
    South East Coast
    Google is our friend

    revivified
    I just had to look that one up.

    The talking heads keep telling us that the economy is looking up, I just want to know what it is looking up? Per CNN this afternoon unemployment is still above 10%. I don't think the working class of this country has a lot of extra money to spend on non essentials, and often firearms are a non essential item.

    I do know that the market on collector or even semi-collector grade S&W's has gone through the roof in the last few years.
     
  22. sonick808

    sonick808 Member

    Joined:
    Feb 3, 2010
    Messages:
    576
    Location:
    Chandler, AZ
    I've noticed more of my acquaintances purchasing, weighing a purchase, or expanding collections or further into the hobby via reloading, etc. Further, I notice that the climate seems to be moving towards a gun renaissance, a general acceptance of guns and self-protection vs. the mid to late nineties climate of anti. I'm sure some of this is SHTF prep type activity, but much of it just seems to be common sense coming home to roost. Our ranges and sales out here are just as busy as they were in nov 08.
     
  23. GEM

    GEM Member

    Joined:
    Apr 11, 2004
    Messages:
    4,379
    Location:
    TX
    I've bought a couple this year. While not econometric data, on the weekends, Cabelas, and two gun stores in Austin and San Antonio are pretty crowded.
     
  24. Phydeaux642

    Phydeaux642 Member

    Joined:
    Jul 16, 2007
    Messages:
    1,655
    I think the fact that S&W lowered prices across the board and companies like Rock River are having these fire sales on some of their nicer ARs should tell you a lot about how the market is.

    I got out of the habit of buying guns after the 2008 election drove the prices up. I did buy a .357 lever gun last week but don't plan on buying anything else for quite some time. I've got plenty of guns and really don't find anything that interests me anymore anyway. Add to that the fact that my paycheck is down about 20% and that equals not much fun money.
     
  25. Dulvarian

    Dulvarian Member

    Joined:
    Mar 5, 2009
    Messages:
    334
    Location:
    South Carolina
    I've been buying more guns and ammo in the last two years, but that is because I gave up my non-productive uses of electronics (video games) for more physically entertaining things.

    My wife is kind enough to concede the point that spending $1000 a year on computer parts that go obsolete in two years is nothing like spending the same amount in guns that pretty much never become obsolete.
     
Thread Status:
Not open for further replies.

Share This Page