Huge Spike in Gun Sales in May 2020 — Record Gun Numbers
What will a pandemic combined with social unrest do to gun sales? Drive them through the roof. Last month’s gun sales are up 75% compared to May of 2019, based on Criminal Background Check System (NICS) data, as adjusted by NSSF. Look at that spike in the chart!
NSSF explains that the May 2020 1,595,790 checks figure represents an increase of 75.2 percent compared to the May 2019 NSSF-adjusted NICS figure of 910,910. What does “adjusted” mean? The adjusted NICS data were derived by subtracting out NICS purpose-code permit checks and permit rechecks used by states for CCW permit application checks as well as checks on active CCW permit databases. For comparison, the unadjusted May 2020 FBI NICS figure 3,066,740 reflects a 32.1 percent increase from the unadjusted FBI NICS figure of 2,320,918 in May 2019.
Though not a direct correlation to firearms sales, the NSSF-adjusted NICS data provide an good picture of current market conditions. It should be noted that these statistics represent the number of firearm background checks initiated through the NICS. They do not represent the number of firearms sold or sales dollars. Based on varying state laws and purchase scenarios, a one-to-one correlation cannot be made between a firearm background check and a firearm sale. For more NICS information or to view the current monthly reports, visit the NICS website.
How to Receive Regular Data Reports from NSSF
Want to get regular sales reports? Then consider joining the NSSF. All NSSF members are able to access historical monthly NICS data by logging in and clicking on “Industry Research” then “NICS Data”. Questions concerning NSSF-adjusted NICS data should be directed to NSSF at 203-426-1320 or research@nssf.org.
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Tags: Covid-19, FBI Background Checks, Looting, NICS checks, NSSF, Pandemic, Riots
I did my part. Bought a nice reblued S&W 28-2.