Fair
72°
Morris, IL
Fair|Forecast »

Gun sales soar again after presidential election

Text Size: AaAaAaAaAa

(Continued from Page 3)

Those figures were 11.1 million in 2007, 10 million in 2006, 8.9 million in 2005, 8.6 million in 2004 and 8.4 million in 2003, FBI records show.

Texas had around 1 million such requests in each of the past four years, records show.

The value of some weapon manufacturers went up after Obama was re-elected.

Sturm, Ruger & Co. and Smith & Wesson saw their stock prices increase, and Benchmark Co. estimates that firearm sales have grown about 10 percent each year since Obama was first elected, up from a 7 percent growth rate.

“We expect that with President Obama’s re-election, these sales could continue well into his second term,” Mike Greene, a Benchmark analyst, wrote in a note to clients.

Some gun shoppers say their current purchases have nothing to do with politics.

Craig Shewmake has bought two AR-15s since the election, but he said the timing is coincidental.

“I kind of think end times are coming, so I’m loading up,” said Shewmake, 39, of Granbury. “Our president is our president and I have respect for our government.

“But my personal opinion is if America is going to let me have a gun, I will.”

||||4|Next Page

Comments


Reader Poll

Were you impacted by last week's flooding?

Yes, but only inconvenienced by closed streets
Yes, water got close, but everything worked out OK
Yes, I had to evacuate my home or workplace
Yes, my house sustained extensive damage
No, I managed to avoid it all