People are stockpiling “assault-style” rifles after the Florida school shooting

  • Gun sales are surging after the Florida school shooting that killed 17 students and staff members.
  • Criminal background checks for gun sales rose 3.5% in Florida in the month of February, Bloomberg reports.
  • Background checks for long guns, which includes “assault-style rifles” like the one used in the Parkland school shooting, surged 12.6% in the state.

Sales of “assault-style” rifles are surging in the aftermath of the Florida school shooting that killed 17 students and staff members

Criminal background checks for gun sales — a key metric for estimating the demand for guns — rose 3.5% in Florida in the month of February, compared to the previous year, Bloomberg reports.

Background checks for long guns, which includes “assault-style” rifles like the one used in the Parkland school shooting, surged 12.6% in the state. Nationwide, that metric rose 3%.

Gun sales typically surge after mass shootings, due to rising fears over tightening gun controls.

But under President Donald Trump, gun sales have slowed — a trend that has been called the “Trump slump” — because he’s seen as supportive of the gun industry.

The recent rush of demand for guns indicates that “fear-based buying” is back, according to KeyBanc Capital Markets analyst Brett Andress.

It “starts to beg the question: Is fear-based buying back? Given all the recent headlines and rhetoric, we would argue yes, for the moment,” Andress wrote in a research note.

SOURCE

Michael
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Handsome Devil..... and Smart too.

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Handsome Devil..... and Smart too.

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