Gun sales plummet under Trump presidency, fear of Obama-era restrictions subsides

By Justin Haskins

With gun-friendly President Donald Trump now occupying the White House, gun sales have continuously fallen, leaving many in the gun industry worried about the future of their once-booming businesses.

From 2006 through 2015, the number of businesses in the United States licensed to produce firearms grew by 362 percent, and from 2004 to 2013, handgun sales more than quadrupled, according to a report by Fox News.

Survey data and market research has shown the growth in the industry was due largely to fears President Barack Obama would restrict owners’ ability to purchase or possess many different kinds of ammunition and guns, especially in the wake of high-profile shootings, such as the massacre at Sandy Hook Elementary School in Newtown, Connecticut.

With Republicans now in control of the House of Representatives, Senate and White House for the first time in nearly a century, it’s clear the fear that once gripped gun owners and prospective gun owners has largely subsided. According to research conducted by the Washington Post, in the first two months of 2017, the number of background checks conducted by the FBI—the metric most often used to estimate industry-wide gun sales—decreased to 4.3 million, a decline …Read the Rest

Source:: The Blaze