(Business Insider) Some of America's biggest sellers of guns and ammo are suffering from a lack of "fear-based buying," as consumers aren't worried about stricter gun control while Donald Trump is in office.
Given the minimal risk of Democrats passing tighter gun laws while Republicans control the Senate and the White House, people haven't been panic-purchasing firearms out of paranoia they'll lose access to them.
Somewhat ironically, open season for gun buyers has hammered the firearms industry. The number of background checks for handgun buyers recorded in the National Instant Criminal Background Check System — a useful proxy for consumer demand for firearms — fell 6% last year and dropped 8% in the first quarter of this year.
Advertisement - story continues below