Interesting article about the current sales slump in the gun business.
How Donald Trump Shot The Gun Industry In The Gut
How Donald Trump Shot The Gun Industry In The Gut
Bad wording for the article title: Should be "How the gun industry bet on another panic based on the election and lost the bet..."
Agree with DH - It's unfortunate what's happening to the gun industry but a principle of simple economics, supply and demand. Too many consumers have taken the election results as an "all clear" sign and changed the channel. Older folks know that the wolves are still there, just out of sight until the next election cycle. I hope these LGSs and manufacturers can tighten their belts and run "lean" for a while until demand returns.
Mike
I was at Midwest Guns in Mishawaka today. The manager told me all the manufactures had too much inventory and that was why their pricing had dropped on several gun styles. Besides price reductions the manufactures are also giving rebates. Federal .22 ammo was selling for $2.59/50 for those needing ammo, and they had a large inventory.