10 things the gun industry won’t tell you

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1. “Owning our product may be hazardous to your health.”

In the U.S., there are now somewhere between 270 million and 310 million guns, according to the Pew Research Center — that’s almost one gun for every person in the nation. Judges and legislators across the political spectrum recognize the constitutional right to bear arms. And gun and ammunition sales to private citizens are a significant part of a nearly $15 billion industry that’s seeing plenty of growth: On Tuesday, for example, Smith & Wesson SWHC +1.10% reported that its fiscal third-quarter profit rose to $20.8 million, up from $14.6 million a year ago .

What makes the gun industry so controversial, of course, is the ever-shifting debate about how to reconcile gun rights and public safety. Each year in this country, more than 31,000 people are killed by firearms, the Centers for Disease Control and Prevention estimate — roughly 85 people per day. The U.S. has one of the highest rates of civilian gun ownership and one of the highest rates of firearm-related deaths per capita across developed countries around the world.

What’s more, a growing body of research suggests that simply owning a gun is correlated with an increased likelihood that you’ll be a victim of violence. A study published this January in the Annals of Internal Medicine found that people who live in homes with firearms are over three times as likely to die from suicide and two times as likely to be a victim of homicide as those who don’t have access to firearms. The study analyzed the results of 16 other studies and found that in all but one, access to guns was linked to a higher probability of murder or suicide. In another study published in the journal Aggression and Violent Behavior, two Harvard researchers conducted a review of 26 studies on gun availability and homicide in multiple countries and found that most of them “are consistent with the hypothesis that higher levels of gun prevalence substantially increase the homicide rate.”

http://www.marketwatch.com/story/10-things-the-gun-industry-wont-tell-you-2014-03-07?pagenumber=1