While the November elections seemed to gut that growth, as December's background checks dropped 16% from a year ago followed by a steep 20% drop in January, the numbers have been climbing since. Now that the FBI has reported results for May 2017, it looks as though the firearms industry is back, guns a-blazin'.
The law-enforcement agency says it once again conducted a record number of background checks for the month. Some 1.94 million investigations were processed through the National Instant Criminal Background Checks System, or NICS, almost 4% more than last year's record. The stocks of major gunmakers have responded in kind.