‘Firearms bubble economy’ makes 2021 second-highest gun sales year ever

'Firearms bubble economy' makes 2021 second-highest gun sales year ever

With three months still to go, 2021 is already the second-highest year ever for firearms background checks and sales in America, putting it on a path to break 2020’s record. But what is untold in the new FBI numbers for September is the continued trend of women buying weapons for the first time and new owners expanding their arsenals. Also, the buying frenzy prompted by the coronavirus, the 2020 election, and Black Lives Matter riots has eased a bit, and firearms and ammunition manufacturers are starting to build up inventories again. 14,000-round drum of @winchester M193 5.56 ammo available now at Hyatt Guns: https://t.co/BUt1ByvWc4 #arammo #556ammo #AR15ammo #pewpewpew pic.twitter.com/W9SYvULAxL — Hyatt Gun Shop (@HyattGuns) August 31, 2021 Industry officials said that has made buying weapons easier and cheaper, one of several reasons sales and background check numbers for September were the second-highest for the month on record — just behind September 2020. So far this year, there have been over 30 million checks through the National Instant Criminal Background Check System. In 2020, there was a total of 39,615,395 checks. Justin Anderson, the marketing director for Hyatt Guns in Charlotte, North Carolina, told us that the industry is in a sales bubble. “Bubbles really started when Barack Obama was first elected president,” said Anderson, whom Secrets often taps for trends in the industry. He added, “Customers would buy their first gun and they were hooked. I’ve also seen a slow progression of guns becoming more socially acceptable again, which […]

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