The number of concealed carry handgun permits has skyrocketed since President Obama was first elected, while murder rates have fallen, according to a new report set to be released Wednesday.

Since 2007, the number of concealed handgun permits has soared from 4.6 million to over 12.8 million, according to the report from the Crime Prevention Research Center.

And the number is increasing faster every year. Over 1.7 million new permits were issued last year — a 15.4 percent increase from 2013, according to the report. It is the largest-ever single-year increase in the number of permits.

The number of people that carry concealed handguns is likely even higher, since permits are not required in seven states.

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