Could Gun Sales In 2021 Shatter The Records?

A happy problem of having a record sales year for any consumer product is that it can be very difficult to surpass and build on that success. Companies like to highlight year-over-year growth, so sudden surges can impact a following year’s sales – and even result in what is an artificial drop in sales as things return to normal. However, in the case of firearms, 2021 is already on track to surpass the record sales of 2020.

2021 Gun Sales Could Be Epic

USA Today/ 24/7 Wall Street reported that January sales for firearms in the United States surged 60 percent year-over-year increase with more than 4.1 million guns being sold. Even more impressive is the fact that it marks the largest month since figures started to be recorded in 1998.

That follows the 40 percent increase in sales last year, when nearly 40 million guns were purchased – and a large percentage by first-time buyers. It is also worth noting that the data is from the Federal Bureau of Investigation’s (FBI’s) National Instant Criminal Background Check System (NICBCS), which was first introduced in 1998 and to date has been used more than 310 million times. In the more than 20 years that the system has been in place, there have been only 1.5 million denials.