Firearms sales in the U.S. soared in 2020. Whether the broad spike in purchases was motivated by the new coronavirus pandemic, anti-racism protests, upcoming election or something else is debated, but both vendors and researchers have reported rising demand for the better part of this year.
Additional analyses note ammunition sales rose more significantly than gun sales alone. Ammunition manufacturers are reporting backlogs as a result of elevated demand, and some suggest shortages could last until at least January.
Ammo Incorporated, an ammunition manufacturer based in Scottsdale, Arizona, is one of the most recent vendors to confirm a significant backlog due to heightened demand from consumers. Last week, the company said its backlogged orders amounted to $80.1 million in purchases as of August 31, which set a new record after months of increasing numbers. . .
“In fact, [the Federal Bureau of Investigation’s National Instant Criminal Background Check System] data shows federal background checks for purchasing firearms have increased 72% year-over-year and we don’t anticipate consumer demand for firearms or ammunition slowing anytime soon,” Wagenhals’ statement continued. “As a result, our facilities continue to operate at near maximum capacity to meet customer needs and we are continuing to expand our production capabilities.” (Read more from “Why Is There an Ammunition Shortage in the U.S.?” HERE)