Are Gun Sales Normalizing After ‘Trump Slump’?
By Tom Knighton
With the looming gun control threat from the Obama administration over, people stopped worrying so much about gun bans. They didn’t rush out to buy guns like they did when a Democrat sat in the Oval Office. After all, those guns would still be available later on, right?
This became what was known as the “Trump Slump,” and it’s been a point of contention as to whether such a thing even existed. After all, NICS checks appeared to go up, but firearm manufacturers still had financial difficulties. It was a little confusing.
However, Rich Duprey of The Motley Fool, a financial website whose information is republished on Yahoo!, notes that we may finally be reaching a degree of normalcy in the gun industry.
Although the firearms industry continues to see year-over-year declines in the adjusted number of monthly background checks conducted on potential gun buyers, it may finally be nearing the end of one of the longest downturns ever. The decline in the adjusted number of background checks recorded in April eased substantially from the double-digit rates recorded in the two months prior, indicating we may be approaching a state of normalcy again.
An anomalous bulge
The National Shooting Sports Foundation adjusts …Read the Rest
Source:: Bearing Arms
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