Despite Sales Decline, 2022 on Pace to See the Third-Largest Number of Guns Sold Since Records Began
The effects of the pandemic and recent social unrest are passing, but firearms sales remain very strong.
Americans continue to buy firearms at near-record levels.
The number of firearms sold across the United States in November that resulted in an FBI National Instant Criminal Check System (NICS) background check was the third highest on record for the month, according to an estimate by Small Arms Analytics & Forecasting (SAAF).
Volume of firearm purchases in October that resulted in an FBI NICs background check was the second highest for the 31-day reporting period on record, lagging only behind the scalding pace in 2020 when the pandemic and social unrest drove transfers to all-time highs.
Firearm sales processed through the FBI’s National Instant Criminal Background Check System (NICS) in June totaled roughly 1.4 million units.
Smith & Wesson sales for a 12-month period exceeded $1 billion for the first time in company history, according to figures released last week.