Demand for guns in the U.S. slows down

|By:, SA News Editor

Demand for guns in the U.S. is in a downward swing as it appears more likely that Congress won't enact legislation to ban semiautomatic rifles.

In November, federal background checks on potential gun purchasers were 10% lower Y/Y.

Despite sales trends which are starting to slow, manufacturers and retailers have seen more women become buyers.

Sector watch: SWHC earnings

Related stocks: RGR, SWHC, CAB