Idaho gun, ammo makers cheer on Trump as their sales plummet
Barack Obama was a godsend for companies in the gun and ammunition business.
Backgrounds checks for weapons purchases increased every year during the Obama presidency. They set a record of nearly 2.8 million in December 2012, the month of the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut. They set another record, 3.3 million, in December 2015, the month of the mass shooting in San Bernardino, California.
Fear that Obama would restrict gun rights spurred sales, said Stacey Nagy, national sales manager for Primary Weapons Systems, a gun maker in Boise. Democrats such as former House Speaker Nancy Pelosi also stoked sales by calling for restricting gun rights after high-profile mass shootings.
Under Donald Trump, business has plummeted. Primary Weapons Systems’ sales are down about 35 percent since Trump’s election last November. Ammunition, gun and accessories makers in Idaho and other states have laid off workers.
Read more here: http://www.idahostatesman.com/news/business/article144009024.html