Monthly Gun Sales 20.6% Higher than Same Month Last Year
Based on data from the National Instant-Check System (NICS), gun sales continue to rise. Halfway through this election year, the number of guns sold continues to climb, and the trend is expected to continue throughout 2012. The May 2012 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 840,412 represents an increase of 20.6% over the NSSF-adjusted NICS figure of 696,947 in May 2011*. For comparison, the unadjusted May 2012 NICS figure of 1,305,392 reflects a 7% increase from the unadjusted NICS figure of 1,219,872 in May 2011. This marks the 24th straight month that NSSF-adjusted NICS figures have increased compared to the same period the previous year.
With President Obama’s campaign looking strong at this time, Americans are stocking up on guns and ammo in anticipation of new gun-control legislation that could be enacted during the next 4-year Presidential term. In addition, there is the possibility that the next President could nominate one or more Supreme Court Justices to replace aging members of the High Court. That creates uncertainty about future rulings on Second Amendment issues.
*Though not a direct correlation to firearms sales, the NSSF-adjusted NICS data provide a more accurate picture of current market conditions. In addition to other purposes, NICS is used to check transactions of firearms sales and transfers on new and used handguns and long guns.Similar Posts:
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