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> A plunge in NIC checks foreshadows a corresponding plunge in gun sales I'm curious about this statement. NIC checks are, as the name implies, instant. They
by axaxs 8y ago
> A plunge in NIC checks foreshadows a corresponding plunge in gun sales
I'm curious about this statement. NIC checks are, as the name implies, instant. They happen upon transfer of ownership of a firearm from an FFL dealer. So I'm not sure how they 'foreshadow' sales, more likely they mirror sales. In fact, when you purchase a gun online, the sale occurs before the check...
- madengr 8y agoAlso, with the number of CCH licenses, those don’t needs a NICS check.
- lostapathy 8y agoThat of course is state dependent - not all states carry permits get you out of the NICS check.
- dfrage 8y agoAnd in the other direction, fewer states are requiring a permit, so no doubt some people are not bothering to renew their permits.
- jkubicek 8y agoI don't know for a fact, but I'm guessing it's because theres a lag in the supply chain. NIC checks may instantly reflect a drop in sales at individual stores, but it will be a bit before that drop works its way back up through the suppliers and distributors to Remington itself.
- aparks517 8y agoNIC happens at retail. I suppose it would take time for retail sales volume changes to ripple back through the supply chain, so maybe manufacturers view it as a leading indicator.