Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

billh58

(6,641 posts)
Tue Feb 6, 2018, 03:55 PM Feb 2018

Why are gun sales falling?

January gun sales slumped in comparison to those of past years, according to new data from the FBI’s National Instant Criminal Background Check System.

The government doesn’t keep an exact count of firearms sold, but the system can be used as a proxy for sales and is considered an indicator for the industry. According to data kept by the agency, 2,030,530 firearm background checks were logged this January, down from 2,043,184 in the same month last year and 2,545,802 in 2016, which was a record year.

-Snip -

Gun companies have seen slowing sales and dwindling stock prices over the last year. Despite a successful Black Friday, during which just over 203,000 background checks were processed, holiday sales were sluggish.

-Snip -

In a report about American Outdoor Brands released Monday by Wedbush Securities Inc., a securities firm and investment bank, analysts cited firearms-purchasing trends among risks to their price target and rating: “Gun ownership is becoming increasingly concentrated, with fewer gun owners owning more guns, as guns are primarily marketed to people who already own guns.”

http://www.msn.com/en-us/money/companies/why-are-gun-sales-falling/ar-BBILiSW?li=BBnb7Kx


There are still too many guns circulating, but at least sales of lethal weapons continue to fall as fewer Americans feel the need to be armed and dangerous. This is a welcome trend.
10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why are gun sales falling? (Original Post) billh58 Feb 2018 OP
Its because a republican is in office. bearsfootball516 Feb 2018 #1
Strange isn't it? billh58 Feb 2018 #3
Because the gun-crazies have the President they want. Aristus Feb 2018 #2
Putin? billh58 Feb 2018 #4
Exactly. They don't fear losing a gun or two and are too busy oiling Hoyt Feb 2018 #7
I own a small web hosting shop GregD Feb 2018 #5
Funny thing about that... billh58 Feb 2018 #6
I know, but candidly, after 9/11 I did something very similar. GregD Feb 2018 #8
It's exactly the same billh58 Feb 2018 #9
yup GregD Feb 2018 #10

bearsfootball516

(6,510 posts)
1. Its because a republican is in office.
Tue Feb 6, 2018, 04:00 PM
Feb 2018

Gun sales tend to rise when Democrats are in office, because the NRA pounds the public with “(Insert Democrat) is going to ban guns!!” Rhetoric to scare them into buying more.

 

Hoyt

(54,770 posts)
7. Exactly. They don't fear losing a gun or two and are too busy oiling
Tue Feb 6, 2018, 05:35 PM
Feb 2018

their lethal weapons in case trump declares a race war.

Interestingly, the Gungeoneers have been quiet since trump took office.

GregD

(2,263 posts)
5. I own a small web hosting shop
Tue Feb 6, 2018, 04:29 PM
Feb 2018

and I have a client who sells weapons - mostly they are cowboy and civil war reproduction stuff.

I spoke with her recently and she told me that Obama was the greatest thing for their business - guns sold like crazy. Then, in comes 45 and sales have plummeted.

Just pointing this out as her experience seems to confirm the article you have posted.

billh58

(6,641 posts)
6. Funny thing about that...
Tue Feb 6, 2018, 05:21 PM
Feb 2018

President Obama never confiscated, banned, or even proposed restricting guns in any way, shape, or fashion. Right-wing gun nuts demonizing Democrats is a tried and true NRA marketing tactic in order to sell more lethal weapons to the gullible.

GregD

(2,263 posts)
8. I know, but candidly, after 9/11 I did something very similar.
Wed Feb 7, 2018, 09:14 AM
Feb 2018

In the days following 9/11, I ran around and armed myself with the same irrational thoughts that GWB (silly me) was going to start confiscating guns. It's all about emotion.

billh58

(6,641 posts)
9. It's exactly the same
Wed Feb 7, 2018, 10:06 AM
Feb 2018

marketing ploy that says, "while supplies last," or "limited stock on hand." Confiscating guns would a near-impossible task logistically, and unconstitutional to boot, but the prospect instills irrational fear in the gullible.

The NRA, ALEC, and GOA use fear very effectively to flood our streets and homes with lethal weapons for their gun manufacturers and dealers, all in the name of blood-money profits.

Latest Discussions»Issue Forums»Gun Control Reform Activism»Why are gun sales falling...