Wednesday, January 07, 2009

Gun Sales Continue to Surge in December

Well, there's at least one sector of the economy doing very well.
Despite a weak economy, gun sales are continuing to increase amid concerns that incoming lawmakers will institute a new gun ban on law-abiding Americans. Data derived from the FBI's National Instant Criminal Background Check System (NICS) shows a 24 percent increase in firearm purchaser background checks for the month of December 2008 (1,523,426 checks) over December 2007 (1,230,525 checks). This increase follows a 42 percent rise in NICS checks for the preceding month, the highest number of checks in NICS history. FBI background checks are required under federal law for all individuals purchasing firearms from federally licensed retailers. These checks serve as a strong indicator of actual sales.

A recent poll of hunters and target shooters by Southwick Associates Inc., in which 80 percent of respondents said they expect it will become more difficult to purchase firearms under the incoming administration and congress, explains the increase in sales.

"Sales of firearms, in particular handguns and semi-automatic hunting and target rifles, are fast outpacing inventory," said NSSF President and CEO Stephen L. Sanetti. "It's clear that many people are concerned about possible gun bans under the incoming Congress and are reacting accordingly."

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