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RSS FeedsGun demand is off the charts in U.S. even for an election year
(WorldNews Business)

 
 

4 july 2020 17:16:29

 
Gun demand is off the charts in U.S. even for an election year
(WorldNews Business)
 


DALLAS, Texas — U.S. consumers are rushing to buy guns as the COVID-19 pandemic and protests over police brutality combine with U.S. presidential politics to fuel unprecedented demand. Firearm background checks compiled by the Federal Bureau of Investigation, a proxy for gun purchases, jumped to a record in June as street demonstrations spread around the U.S. That extended a surge that began in March as the coronavirus prompted lockdowns across the country. The boom is lifting the shares of gunmakers Smith & Wesson Brands Inc. and Sturm Ruger & Co. after four mostly lean years for investors. Gun shop owners and Wall Street analysts predict new sales gains, especially if protests...


 
29 viewsCategory: Business
 
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