2020 Gun Sales Exceed 2019 Numbers

by
posted on September 8, 2020
gun-sales-exceed.jpg

It’s official. The number of gun purchases in 2020 reflected by an FBI National Instant Criminal Background System (NICS) check as of Sept. 1 exceeds those processed for the entire year of 2019.

Jurgen Brauer, Small Arms Analytics & Forecasting chief economist, said in a press release issued Sept. 1, “At nearly 15 million units sold, the sales pace thus far this year now exceeds the total 12-months sales of 2019 by just over one million firearms. With the hunting season about to begin in earnest and the presidential election season about to start in earnest as well, 2020 will without doubt exceed the previous high of 16.6 million units sold in 2016.”

Retailers are reporting supply can’t keep up with demand, though, a situation that may have contributed to another of Brauer’s observations. “August’s year-over-year increase of 57.8% is the lowest year-over-increase seen in the past six months,” he said.

According to his analysis—which subtracts concealed carry permit processing and other administrative use of the NICS system—last month 1.8 million gun purchases were cleared by the FBI. His methodology includes modeling that estimates the number of firearms that fall into the monthly “multiple” category, although gauging total volume accurately remains impossible. Adding to the relative inaccuracy is the fact that some states don’t require carry permit holders to undergo the redundant background check.

In comparison, 2 million firearm purchases were processed through the NICS system in July. That figure represents a 134-percent increase compared to the same period in 2019.

Demand nationwide has strained store inventory in most regions of the country. WSBT—an Indiana CBS-TV affiliate—reported last week that Doug’s Gun Shop, in Elkhart, experienced an increase in sales when the pandemic hit, “But when the protesting and riots began in May, customers rushed back in, leaving the shelves almost bare.”

Over in Fairfield, MT, Mike May, from the local True Value hardware store, told a Sun Times reporter on Aug. 31 he can still get the guns he orders—it just takes three to four weeks instead of the usual seven days. Buck’s Sporting Goods in Choteau, MT, didn’t have a single handgun to sell when the story appeared. Five long guns were, however, on hand.

Latest

Colt Grizzly 357 Magnum New 2024 F
Colt Grizzly 357 Magnum New 2024 F

New For 2024: Colt's Grizzly & Kodiak Revolvers

Colt's new Grizzly and Kodiak revolvers are chambered in .357 Magnum and .44 Magnum, respectively, and each features barrel porting and an unfluted cylinder.

Review: Savage Impulse Mountain Hunter

If ever there were a company comfortable breaking with convention, it’s Savage Arms of Westfield, Mass. Essentially, if a new niche is identified, a quality product satisfying that need will be created.

April Marks 57 Months Of Million-Plus Firearm Sales Figures

April 2024 marked the 57th month in a row that more than 1 million firearms purchased in the United States resulted in the Federal Bureau of Investigation (FBI) processing a National Instant Criminal Background System (NICS) check.

Legendary: Sturm, Ruger & Co. Turns 75

Started as a partnership between two young men in 1949, the firm now simply known as Ruger has achieved amazing success in the American firearm market. Today, three-quarters of a century later and counting, it shows absolutely no signs of slowing down.

New For 2024: Springfield Armory SA-16A2

Springfield Armory's latest addition to its AR-15 family is the SA-16A2, a faithful recreation of the original M16A2 that served as the U.S. Army's principal service rifle for decades.

The Armed Citizen® May 20, 2024

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Interests



Get the best of American Rifleman delivered to your inbox.