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FBI Background Checks Continue To Swell, Post Second Quarter Of 44% YoY Growth

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FBI Background Checks Continue To Swell, Post Second Quarter Of 44% YoY Growth

We are now in an election year and, like clockwork, the U.S. finds itself questioning gun laws. The nation has been be reviewing its laws, enforcement and education regarding handguns. While this is done, citizens have been on a blitz to do what they can to get new firearms according to the most recent monthly data from the FBI on background check requests.

January 2016 registered the third-largest month of checks in 18 years. Growth in requests year-over-year for January were up 44 percent, unchanged from December 2015's record level. The chart below has been covered here before.

In the image below, the top chart is Rolling 12-month Totals versus Monthly NICS. The middle chart is year-on-year percent change vs. trailing 1-year percent change. The last chart is the daily performance of Smith & Wesson Holding Corp (NASDAQ: SWHC) and Sturm, Ruger & Company (NYSE: RGR) up to the end of January 2016.

If you want to access the file, follow the hyperlink below and you may download it from Google Drive.

https://drive.google.com/file/d/0B31268nKK-A4bW1PWjE5a2hrQlU/view?usp=sharing

Image Credit: Public Domain

 

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Posted-In: FBI gun laws presidential electionNews Politics Economics General Best of Benzinga

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