Post by SnapShot on Mar 5, 2017 15:12:20 GMT -5
You may have all seen this but thought I'd post in case anyone missed it.
Gun sales have plummeted now that Donald Trump is elected president, with American Outdoor Brands posting a mixed third-quarter earnings report this week.
CNBC wrote that analysts had warned of a gun sales slowdown after Trump's election, indicating that some of the purchases prior to the November election were linked in part to fears of gun regulation as well as consumer demand for home protection following several mass shootings.
The Hill reported in February that, according to FBI data, background checks on gun purchases declined in January for the second consecutive month. The data showed that the background checks tumbled as much as 20 percent over the same time last year.
There were 2,043,184 background checks processed through the FBI's National Instant Criminal Background Check System in January, compared to 2,545,802 in January 2016, The Hill noted. The decline comes on the heels of 19 straight months of record year-over-year increases under the Obama administration, from May 2015 through November 2016.
"Ammunition sales are as expected for this time of the year compared to years past," Scott Blick, a managing partner at Ammunition Depot, told The Hill, adding that hunting equipment sales remained steady.
"We saw a very large surge in buying heading into the election. Handgun calibers like 9mm have been steady, but sales of .223/5.56 have slowed since the election. Industry contacts tell us this is the pattern they are seeing with firearms as well. Handguns are strong along with hunting rifles, whereas ARs are slower, likely due to the large amount of purchases made in the run-up to the election," Blick added.
Gun sales have plummeted now that Donald Trump is elected president, with American Outdoor Brands posting a mixed third-quarter earnings report this week.
CNBC wrote that analysts had warned of a gun sales slowdown after Trump's election, indicating that some of the purchases prior to the November election were linked in part to fears of gun regulation as well as consumer demand for home protection following several mass shootings.
The Hill reported in February that, according to FBI data, background checks on gun purchases declined in January for the second consecutive month. The data showed that the background checks tumbled as much as 20 percent over the same time last year.
There were 2,043,184 background checks processed through the FBI's National Instant Criminal Background Check System in January, compared to 2,545,802 in January 2016, The Hill noted. The decline comes on the heels of 19 straight months of record year-over-year increases under the Obama administration, from May 2015 through November 2016.
"Ammunition sales are as expected for this time of the year compared to years past," Scott Blick, a managing partner at Ammunition Depot, told The Hill, adding that hunting equipment sales remained steady.
"We saw a very large surge in buying heading into the election. Handgun calibers like 9mm have been steady, but sales of .223/5.56 have slowed since the election. Industry contacts tell us this is the pattern they are seeing with firearms as well. Handguns are strong along with hunting rifles, whereas ARs are slower, likely due to the large amount of purchases made in the run-up to the election," Blick added.
My daughter came from Missouri, my son and grand son, my wife and I had a nice dinner of grilled "porter house" pork chops, corn on the cobb, my son, G'son and I share 10/5. G'son is 4 minutes early though @ 10/4.
Pooh I hope you find to right house . 
