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Monday, August 10, 2020

A pair of stories on recent gun sales

U.S. firearm sales skyrocket amid pandemic, FBI records show

As the nation has grappled with a global pandemic and images of some rioters causing damage after hijacking peaceful protests demanding racial justice, more and more Americans appear to be arming themselves.

In July 2020, the FBI conducted more than 3.6 million firearm background checks, making it the third highest month on record for checks since the bureau began keeping statistics in 1998, according to new data released on Monday by the agency. By comparison, the bureau conducted just over 2 million checks in July 2019.
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July Breaks Gun Sales Record

One of the country's leading gun makers saw earnings triple as gun sales once again shattered previous records for the month of July.

July 2020 saw an estimated 1,795,602 gun sales—a new record and an increase of 133 percent over July 2019, according to a Washington Free Beacon analysis of FBI data. July is the fifth consecutive month to set a gun-sales record. Chris Killoy, chief executive officer of Sturm, Ruger & Company, said the current spike in sales is unlike anything he has ever seen. The buying spree shows no signs of slowing down and heavy demand will "sustain itself" into the fall, Killoy predicted.
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