Arms industry: Gun buys up 95%, ammo 139%, sales to blacks jump 58%

The gun industry has never seen anything like 2020, and the explosion in sales driven by the concerns over rising crime, protests, the coronavirus crisis, and the presidential election are expected to continue.

“Bottom line is that there has never been a sustained surge in firearm sales quite like what we are in the midst of,” the National Shooting Sports Foundation, an industry trade group, said in a report shared with Secrets.

New sales and customer data collected from gun stores are even more shocking than the latest historic level of FBI background checks for purchases, security clearances, and concealed carry permits.

According to NSSF, purchases of guns have nearly doubled in the first six months of 2020 when compared to the same period last year. What’s more, ammo sales have surged 139%.

www.washingtonexaminer.com/washington-secrets/arms-industry-gun-buys-up-95-ammo-139-sales-to-blacks-jump-58