By Jim Shepherd
For the past few days we’ve been asking our industry contacts, insiders and observers a simple question: has the Obama gun-bubble burst?
Since President Obama’s election, certain segments of the firearms industry have been running at full -and beyond- capacity. Some, myself included, were quick to attribute the early surge in firearms and ammunition purchases to a fear that the Obama administration would move – quickly- against firearms. That, fortunately, has not happened.
Over the past few weeks, we’ve been hearing – quietly- of cutbacks, layoffs and other “right-sizing” going on at companies where extra shifts were the order of the day only a few weeks ago. With ammo supplies building up, components for reloading becoming more readily available, and the economy still wavering, it seemed the firearms industry might be slowing.
With that in mind, we’ve visited retailers, talked with distributors, manufacturers and industry observers with a single, simple question: has the Obama bubble burst?
We even asked you- our readers- for your insights, based on your own local experiences.
From those conversations, phone calls, observations and email exchanges, it has become abundantly clear there are two distinctly different schools of thought on the matter.