FILE - In this Wednesday, Jan. 24, 2018, file photo, people walk through the hall outside of the SHOT Show gun show in Las Vegas. The gun industry is gathering for its annual conference, in January 2020, amid a host of uncertainty: slumping gun sales, a public increasingly agitating for restrictions on access to firearms and a presidential campaign that threatens gun rights like perhaps no other time in modern American history.
Gun sales normally taper off during Republican administrations because gun owners are not as compelled to stockpile weapons out of fear that lawmakers will impose restrictions on firearms. But the past three years under President Donald Trump have been particularly volatile, fueled in part by the Las Vegas shooting and other high-profile mass killings that have driven efforts to either restrict access to guns or to ban certain firearms and products.
Sagging gun sales have afflicted almost every corner of the industry, most notably iconic gun manufacturers such as Ruger, Remington and Colt. The pushback from the public, lawmakers and the retail sector has been most intense against AR-style guns that have been used in several recent mass killings, including Las Vegas, the Orlando nightclub massacre and the school shooting in Parkland, Florida. That has placed gun manufacturers in a difficult position because the popularity of those weapons has fueled their profits in recent years.
Gary Ramey, the owner of a small handgun company based in Gainesville, Georgia, said his company has seen drops in sales in the past year, and the Las Vegas gathering will be especially critical to see new products and meet suppliers.
Slumping sales? Really ? You do know that the number of sales of guns climbed 3.5% over the last decade? Gun sales climb every time there is fear of more regulations. Look at Va. sales just in the last two months compared to just 6 months ago 😂
Slumping sales? On average there is 1 gun for every man women and child in the US But 3% of gun owners have 50% of the guns Multiple gun ownership is highly concentrated. Can’t pack much more in that sausage
People are finally realizing that there not taking our guns it jus rhetoric I order guns online with no problems at all it really easy YaDig ✌🏿✊🏿
'Annual' means they have it every year dumbasses. Sales are good, bought 2 AR's this year. Plan to buy a few more. Great gun!!
FakeNews ABC is yellow journalism.
? But sales are still pretty high. I'm beginning to believe yall have lost touch with reality and are just publishing things you WISH were true.
The show is been in Vegas for at least 10 years, however ABC News decides to report this is news this year. Any guesses why?
I will buy more guns because I want to Buying makes the economy turn. 2amendment gives me the right to do so You dont like guns Dont buy you are most likely to dumb to own a gun NO LAW ABIDING CITIZEN HAS EVER KILLED ANYONE
This show has taken place every year for 13 years and suddenly the media mentions it. You can absolutely bet that something is planned and these articles are setting up for it. Mark my words.
The gun industry would be wise to follow the example of the auto industry & make their product safer.
Slumping sales? Lmao.
Sales will pick up again as soon as a dem wins the White House.
That’s bullshit. Sales are up
FakeNews
Terrorists gather in the desert.
Slumping sales? Weapons are flying off the shelves because of you commies.
IWouldCrawlOverBrokenGlassToVoteAgainstTrump VoteBlueNoMatterWho VoteBlueToNotGetScrewed
Slumping sales my ass, fake news.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: USATODAY - 🏆 100. / 63 Read more »