Firearm Manufacturing Sees Decline in 2022 After 2021 Peak
Firearm manufacturing in the country has seen fluctuations in recent years. In 2022, a decrease was recorded, while 2021 saw a significant increase in Multiple Sale Reports (MSRs).
In 2022, the total number of firearms domestically manufactured decreased to 12,938,218, a notable shift from the previous year's peak of 15,120,931. This decline continues a trend that began in 2021, when MSRs decreased by 10%. The decrease in MSRs continued into 2022, with a further 8% reduction.
From 2016 to 2023, Federal Firearms Licensees (FFLs) reported a total of 4,380,986 multiple sale transactions involving 10,151,417 firearms. This indicates a consistent level of total wireless purchases over the years. The majority of enthusiasts buying more than one gun were 35 years old or older, with over 80% being men, regardless of the year.
Looking at the long-term trend, the total number of firearms domestically manufactured has increased significantly. In 2000, this number was 3,932,734, compared to 9,970,792 in 2023. The main buyers of NFA firearms in 2023 were primarily licensed firearms dealers, law enforcement agencies, and military contractors.
The decrease in firearms manufactured in 2022, following a peak in 2021, suggests a stabilization in production. However, the consistent level of total wireless purchases and the increasing trend over the past two decades indicate a persistent demand for firearms in the country.
Read also:
- Eric Dane Diagnosed with ALS, Advocates for ACT for ALS
- Henkel rebrands its products, incorporating recycled plastic and aluminum in the makeover.
- Authorities are currently probing the factors behind the lethal Pennsylvania steel factory blast that claimed the lives of 2 individuals.
- Sustainable Production in Industrial Operations
