Monday, April 1, 2013

Year to Year Firearms Sells UP 29% for February

Following NICS background check figures is a relatively accurate means to determine the current state of the firearms industry. Clearly you can look at other factors, but the report provided below from NSSF shows just how much sells are up substantially despite the banner year of 2013. Obviously it is not too difficult to pinpoint why this is the case, but the 29.1% increase just shows how big things have been. 

NSSF Report: 

The February 2013 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1,634,309 is an increase of 29.1 percent over the NSSF-adjusted NICS figure of 1,266,344 in February 2012. For comparison, the unadjusted February 2013 NICS figure of 2,298,561 reflects a 32.5 percent increase from the unadjusted NICS figure of 1,734,646 in February 2012.

This marks the 33rd straight month that NSSF-adjusted NICS figures have increased when compared to the same period the previous year.

The adjusted NICS data were derived by subtracting out NICS purpose code permit checks used by several states such as Kentucky, Iowa and Michigan for CCW permit application checks as well as checks on active CCW permit databases.

Though not a direct correlation to firearms sales, the NSSF-adjusted NICS data provide a more accurate picture of current market conditions. In addition to other purposes, NICS is used to check transactions of firearms sales and transfers on new and used handguns and long guns.

For additional information on NICS or to view a complete set of the current monthly reports, please visit the NICS website.

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