Americans spent an estimated $17 billion on ammunition while Obama was president - News Summed Up

Americans spent an estimated $17 billion on ammunition while Obama was president


There’s been some indication that gun sales have receded in the wake of Donald Trump’s election. Background checks are an imprecise measure, though, including things such as background checks for those seeking a concealed-carry permit. In 2011, Americans spent about $4.3 billion on firearms and ammunition, according to FAET data. That’s $29.1 billion on firearms — $14.7 billion of which was long guns — and $16.6 billion on ammunition. During the administrations of Bill Clinton and George W. Bush, Americans spent an estimated $21.1 billion and $22.9 billion in 2016 dollars on guns and ammunition, respectively.


Source: Washington Post March 22, 2017 19:57 UTC



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