in a "dying industry" according to Uncle. I can agree with Bitter that a portion of it is due to price inflation, especially in the area of ammunition which have reported an increase of 29.2%. I haven't seen a price increase of 44.8% for handguns or 37% in long guns or their accessories if that's included. Even if you go by the standard deviations of previous v. new buyers (80%), that would show an increase in new purchases alone of over 8% and 7% respectively over last quarter.
Dying industry my pale tuchus. I think I'll contact my financial advisor and tell him to switch some of my portfolio to the armaments industry.
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