Political shifts, sales slump cast shadow over gun industry
Gunmakers and dealers are gathering this week for the industry’s largest annual conference as they grapple with slumping sales. At the same time, there’s been a shift in politics that many didn’t envision two years ago when gun-friendly Donald Trump and a GOP-controlled Congress took office.
Some of the top priorities for the industry remain in limbo and prospects for expanding gun rights are nil for the foreseeable future.
Instead, fueled by the deadliest mass shooting in modern U.S. history, the federal government banned bump stocks and newly in-charge U.S. House Democrats introduced legislation that would require background checks for virtually every firearm sale, regardless of whether it’s from a gun dealer or a private sale.