It’s no secret that during a presidential election and shortly after gun sales rise. However, when you add in a pandemic on top of the politics and people start to fear civil unrest, sales break records. These record-breaking sales of guns and ammo are what we are currently seeing. This rise in sales has forced tactical manufacturers to step up their game. In doing this heightened production they are also being cautious because they have seen that the gun and ammunition market can crash just as fast. Currently, they can barely keep up with the supply and demand for handguns, rifles, and ammo. It is no secret that this has kept the FBI busy with background checks and gun makers are seeing high increases in revenue as guns and ammo fly off the retail shelves. The question is, will these record-breaking sales and lack of ammo continue?
Just like the great toilet paper shortage of 2020, the guns and ammo shortage will continue for a while and level out as gun makers and ammo suppliers catch up to the demand and up their production. Back in 2016, the industry saw the same kind of surge slightly before the election, but, shortly after the bottom fell out and sales numbers took a drastic turn. This is what gun and ammo makers are trying to avoid. Major players like Ruger, Smith & Wesson, and Sturm are trying to prevent their stocks from dipping and trying not to create job layoffs for their workers when or if these numbers decrease. Another thing to keep in mind is that when firearms sell more it automatically creates an ammunition shortage in many cases. This is because the ammo makers operate separately from the firearms makers. As with every other industry, firearms manufacturers and ammo suppliers are trying to forecast when the future will hold for the coming years. As firearms owners, we can rest assured that they will do what is best for the industry and us, based on the numbers they see and can use. We can all agree that the demand for firearms and ammunition won’t be going away anytime soon.