"Gun sales at record levels"?

There are A LOT of problems with using these background checks to proxy for gun sales. For example, states are regularly using NICS checks to determine if permit holders have gotten into any problems. As the number of permits rise, background checks soar. For example, Kentucky runs these checks monthly. The two days before Christmas is probably a better indicator. From CNN:

December holiday shoppers were not just interested in buying the hottest electronics and toys -- they also were purchasing record numbers of guns, according to the latest FBI figures on background checks required to buy firearms.
With a few days left in December, the FBI reports the number of background checks has already topped the previous one-month record -- set only in November -- of 1,534,414 inquiries by gun dealers to the National Instant Criminal Background Check System also known as NICS. Almost half a million checks were done in just the last six days before Christmas.
Two days before Christmas, NICS ran 102,222 background checks, which was the second-busiest day in history. The one-day record was set this year on Black Friday, the big shopping day following Thanksgiving, with 129,166 searches. By comparison, the previous one-day high was set November 28, 2008, when gun dealers made slightly less than 98,000 requests for background searches. . . .

The article doesn't seem to understand the difference between denials and initial denials.

It's not possible to tell exactly how many guns have been purchased because buyers often take home more than one gun. But most people pass the background checks. Only 1.3% of the searches result in people being denied permission to buy a weapon, said FBI spokesman Steve Fischer. . . .