Inflation-Proof Gun Sales Over 1 Million for 38 Straight Months

People may be cutting back on necessities due to a 40-year inflation high, but they are still investing in their safety.

According to the firearms industry and FBI, sales continue to rock at near record highs.

For the first time, gun sales have topped 1 million for 38 straight months, and 2022 is on a path to record the third best year ever, following 2020 and 2021.

“People are still buying guns like crazy,” said Justin Anderson, the marketing director for Hyatt Guns in Charlotte, North Carolina, one of the nation’s largest gun shops.

Anderson said sales hit 1.2 million in September because inventory is high, prices are low, and about 8 in 10 people believe that violent crime is high.

He said buyers and those signing up for concealed carry classes have “a more purposeful focus on personal safety in what has become a very dangerous world.”

He added, “While inflation has affected sales in other markets, the gun industry is still overstocked on inventory. Prices have actually been trending lower, so I’m recommending to anyone on the fence about buying a gun: do it now. Pricing in the industry is as low as I’ve seen it in more than a decade.”

Overall FBI background checks in September were 2,470,462, of which about half were for gun sales, according to Mark Oliva, spokesman for the National Shooting Sports Foundation, the gun industry trade group.

He said that “shows that firearm purchases remain steady and appear to be headed toward making 2022 the third strongest year on record for firearm sales.”

Oliva called the 38-month sales streak “a remarkable sustained trend and demonstrates that the firearm industry is meeting this continued increased demand for firearm ownership. This demonstrates that law-abiding Americans continue to purchase firearms for self-defense, hunting, and recreational shooting at levels that were unseen just three years ago and that the firearm industry continues to meet that demand for lawful firearm ownership.”

Reporting from The Washington Examiner.

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