Federal firearms licensees sold more than 2.5 million guns to the American public in March 2020, easily smashing the previously held record for the most gun sales in an individual month by more than a million transactions.
The gun sale data has been gauged by Small Arms Analytics, and the estimation of a total of 2,583,238 sales has been pulled from raw FBI National Instant Criminal Background Checks System data. It’s actually possible that the total figure of guns sales is a bit higher, considering gun sales between private individuals are not subject to the NICS system.
Not only does the figure of 2.5 million gun sales surpass the previous monthly record holder from March 2019, but it does so in a resounding fashion. 1.4 million guns were sold in that month, meaning that March 2020 surpassed the record by approximately 1.1 million sales.
A breakdown of the sales between long guns and handguns was provided by Small Arms Analytics. Handgun sales in particular spiked exponentially, easily surpassing previous quarterly highs in gun sales that preceded major American elections.
An alternate system of quantifying gun purchases utilized by the National Shooting Sports Foundation verified that March was in fact a record-setting month for gun sales.
The surge in gun and ammunition sales in the wake of the nascent Chinese coronavirus epidemic is well documented at this point, with gun and ammunition retailers reporting selling out their entire inventories and still not coming close to meeting demand.
As Americans arm themselves in unprecedented record-setting numbers, some major American municipalities and states have taken it upon themselves to wholly shut down the lawful firearms commerce and manufacturing industries. However, several of them have been stopped cold in their tracks, in light of federal guidelines from the Trump administration that recognizes businesses serving the Second Amendment community as “essential.”
New Jersey and Los Angeles County are among the two biggest governmental entities forced to walk back arbitrary commands that gun stores close in light of the guidelines.
Dubious state of emergency declarations that try to implement backdoor gun control in a hour where more Americans are seeking to lawfully arm themselves than ever before simply aren’t going to work, judging from historical amounts of armaments freedom-loving patriots have secured in the last month alone.
Smith & Wesson Stepping Up Production to Meet Record Setting Astronomical Demand for New Guns
They’re stepping up production.
One of the biggest gun manufacturers in the United States is pledging to step up gun production as demand for new firearms soars to astronomical proportions. Smith & Wesson is pledging to boost their manufacturing to “maximum capacity” to meet unprecedented demand.
Gun sales in 2020 have crushed the records set in any previous year by a hefty margin, with the combination of the coronavirus and nationwide race riots aided and abetted by the Democratic Party serving to convince millions of Americans who have never owned guns before that they need to arm themselves.
“As we’ve seen before during these surge periods, these results reflect that despite our record numbers in market share growth, consumer demand for our products during the quarter still exceeded our internal manufacturing capacity levels,” said Mark Smith, CEO of the firearms company that was founded in 1852, in a call on Thursday. “We’re continuing to ramp up…. We’re going to go to maximum capacity.”
The company moved almost 600,000 guns from a period between May and July, smashing its records and depleting its existing inventory of newly manufactured guns.
“When we get into these surge environments like this, and as you can see from the [gun background check numbers] we’ve never seen one quite this high, the demand in the industry just outstrips the industry’s ability to supply,” Smith said. “And we’re no different. You can look at the inventory numbers from us and from some of the other firearms, retailers, and manufacturers, and I think we’re just out of inventory.”
Elevating existing manufacturing levels could prove critical to lowering surging prices for firearms, as retailers are unable to match demand. Ammunition continues to sell for record-setting prices, signaling a need for ammunition manufacturers to meet sky-high demand as well.
Smith and Wesson manufacturers a wide variety of popular civilian firearms, including AR-15 style rifles, a multitude of pistols and revolvers, and .22 rimfire rifles.
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