Gun Sales On Track To Set Another Record

by Tammy on September 6, 2016

washingtonguns

Just another reminder that we take the Constitution, and our freedom, seriously.

Via CNN.

Guns are selling at unprecedented levels this summer, which means 2016 is well on its way to breaking the all-time record for background checks.

Background checks conducted by the FBI totaled 1,853,815 in August 2016, a 6% increase from August 2015.

That’s the most checks ever in the month of August since the FBI started conducting background checks in 1998. In fact, every monthly tally this year has hit an all-time high, meaning that 2016 is on track to be the record year for background checks and, by proxy, gun sales.

Background checks don’t correlate directly to gun sales, but do serve as an important indicator for them, since there are no industry sales figures.

But Smith & Wesson (SWHC) and Sturm Ruger (RGR), the two publicly-traded gun companies, recently reported a double-digit jump in sales. Smith & Wesson said quarterly sales soared 40%, while Ruger said sales jumped 19%.

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1 Comment | Leave a comment
  1. Maynard says:
    September 7, 2016 at 03:42

    I believe the quote in the graphic, attributed to Washington, is inaccurate. Washington said something that partially intersected in his first State of the Union message; however this was in the context of describing national military preparedness rather than the individual right to bear arms. He also says nothing here about standing against the government. Here’s the quote with some context:

    Among the many interesting objects which will engage your attention that of providing for the common defense will merit particular regard. To be prepared for war is one of the most effectual means of preserving peace.

    A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.

    The proper establishment of the troops which may be deemed indispensable will be entitled to mature consideration. In the arrangements which may be made respecting it it will be of importance to conciliate the comfortable support of the officers and soldiers with a due regard to economy.

    We need to check our facts, because our arguments in defense of the 2nd Amendment are the stronger, but those who disagree will turn any mistakes we make against us.

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