Thursday, May 16, 2013

GUNS | Every American Has One, On Average

May 16, 2013–The United States has inadequate information on gun sales by state. The information was once collected.

Meanwhile, the following fascinating new information on gun supply and demand has been compiled by my friend Jurgen Brauer:
  • Firearms imports in 2010 amount to one-third of the total commercial gun market. 
  • Foreign brands also produce at U.S. locations and in 2010 captured well over 20 percent of the U.S. commercial pistol market.
  • For the first time we have a number for used firearms resold via federally licensed retailers. In 2010 it was 9.8 million pistols, revolvers, rifles, and shotguns, about 1.5 million of which were used (previously owned) weapons. 
  • The total number of military and nonmilitary firearms that entered commerce between 1986 and 2010 is about 150 million units. 
  • Allowing for pre-1986 production and imports, the U.S. averages about one firearm per person.
Source: Jurgen Brauer, "Demand and supply of commercial firearms in the United States," Journal of Economics of Peace and Security, Vol 8, No 1 (April 2013) .