The 'Trump Slump' in gun sales in the U.S. may be coming to an end. Gun background checks are on pace to set a record in 2019, and some experts say the reason the may be stricter firearms measures favored by 2020 Democratic presidential candidates.
FILE - In this Nov. 29, 2019, file photo, a man looks at the shotgun section of Cabela's while shopping on Black Friday in Hazelwood, Mo. The number of background checks conducted by federal authorities is on pace to break a record by the end of this year.
But with the 2020 presidential election less than a year out and virtually every Democratic candidate offering proposals to restrict access to firearms, fears appear to be driving up sales again. The industry has been going through one of its toughest periods, with some gunmakers, such as Remington Arms, filing for bankruptcy. More recently, Smith & Wesson’s parent company, American Outdoor Brands, announced plans to spin off its firearms unit, and Colt said it would suspend production of AR-15 rifles.
“Americans are choosing to invest their hard-earned dollars in their ability to exercise their rights and buy the firearms they want before gun control politicians attempt to regulate away that ability,” said Mark Oliva, spokesman for the National Shooting Sports Foundation, which represents the gun industry.
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