Firearms Industry suffering because of Trump win.

As I said in another threat, your big rifle associations and gun manufacturers should massively lobby in Europe for less strict gun laws and promote shooting to support your industry. With what's happening in Europe chances are getting better people will listen to you.

Short term disruption, but much better long term business prospects for them compared to if the Hag had won. The guys who jumped in for a quick buck looking for a gold rush after a Hillary victory will likely lose their shirts. But real gun companies, in it for the long term will do just fine after weathering this storm.

Or...they are suffering because the speculators that have been driving market fear got the rug pulled out from under them. Anyone paying attention knew this would happen, just like the oil market adjustment that occurred when we realized there was no "shortage".

Better get used to Trump getting blamed for anything and everything. The mainstream media has now done a complete 180 degree shift compared to the previous administration and you're not gonna hear anything good about out current President or his administration at least not anytime soon.

I have no remorse for the greedy gun dealers out there, that bought everything they could get "CHEAP" and then drove the prices through the roof for the average, family man buyer. The manufactures are even more to blame for the high prices. Nor do I feel any remorse for the ammo companies, that withheld products, to drive the prices up and are now sitting with mountains of ammo, they can't sell, at the prices they created. Imported ammo is selling far less than any USA made ammo and it's just as good, maybe even better.

Things are just coming back to normal. The big panics and booms were the oddity.

There's a difference between understanding the forces which move a volatile market around, and blaming Trump for a slump in the firearms industry.

There may be corrections in the market, and some companies which prepared heavily for another outcome may have a hard time with the needed adjustments, but nobody with half a firing brain cell is BLAMING him.

Things are just coming back to normal. The big panics and booms were the oddity.

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Indeed. Many industries are influenced by political forces, but few have been as utterly fraught in the last few decades as the gun industry. And I'd say that's both in positive and negative ways.

It would be quite interesting to try and envision what the American firearms scene would be like without those, let's say "artificial," forces pushing it around. If we were all enthusiastic parts of -- just for example -- the community of amateur and professional woodworkers and cabinet makers, who have seen a lot of development over the last half century but no real political effects on their hobby and industry, I wonder where we'd be today? It would be real interesting to see a few decades of no serious political pressure on guns and to look back and see if the industry and hobby grew, shrank, stayed the same, and how much political might we (or the eternal opposition) would be able to wield at that point.

Any company that has been around for a while (think decades upon decades) has been thru this up then down cycle quite a few times. They know how to get thru it. I'm guessing the people being let go are the ones they hired for their second and and third shifts during the 8 year obummer run and especially the last 2 year hillary panic. It may be Trump's fault for winning but it's not Trump's fault for the downturn. They've been there, done that many times.

It seems Remington Arms received a big Government order from Obama? That was done to protect Union jobs from being moved out of New York? Federal has been supplying tons of ammo to Federal law enforcement. Not long ago they could not cover the civilian markets due to the Federal law enforcement orders?
I would like to see the sales numbers to civilians and the Governments around the world?

huntsman wrote: "...
in two separate articles about layoffs a Trump victory is being blamed."

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Well, the Trump victory has had the effect of notably cooling the panic buying that was going on nationwide. No longer faced with the immediate prospect of a Hillary gun-grab, people who were spending every penny they could on guns, ammunition and the like now find car repairs, new shoes, and perhaps a new washing machine are more immediate needs. One article I read said background checks were off 19% since the election. That demand is not likely to return any time soon. As others have said, established, well-capitalized companies will survive, but companies who failed to develop a strategic plan to cope with the possibility of a Trump victory and don't have the cash reserves to develop and implement a new strategy now are likely going to face oblivion.

Jackal said:

Things are just coming back to normal. The big panics and booms were the oddity.

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Bingo. Demand and prices were driven up in large part due to fear of restrictive legislation by an administration that was openly hostile to 2A rights. Remove that fear, at least in most of the country, and demand is going to drop.

Parenthetically, firearms were in no way the only commodity that was impacted by fear during the last administration. Precious metals, for example, went to insane levels during the same time period and have been falling like a rock in recent memory.

Remington, Savage Winchester and several other US gun makers survived the Great Depression. Some companies are endangered now that the "Obama will take our guns" buying panic has ended.



"Precious metals, for example, went to insane levels during the same time period and have been falling like a rock in recent memory."

For decades i've seriously dabbled in precious metals. Yes, there was a downward turn in precious metals. When the over valued and over sold stock market undergoes it's next "correction" precious metal prices will spike. Buy low sell high.

Once prices drop enough, people will begin buying anew. Things should cost about the same as they did 10 years ago, labor and materials costs have not changed very much in this stagnant economy.

Not expecting a normalization of sales/buying to occur may have caught some companies off guard.

It's not unreasonable to suspect that the market for guns has been somewhat saturated, and that any lessening of that segment of the "current demand" market, which was being artificially inflated by fear/political influences, might result in a significant segment of the gun enthusiast public realizing they'd already spent too much disposable income on guns, and perhaps had even unwisely cut into their "necessities" budgets ... so the market will suddenly "cool".

JohnnyFlake said:

I have no remorse for the greedy gun dealers out there, that bought everything they could get "CHEAP" and then drove the prices through the roof for the average, family man buyer. The manufactures are even more to blame for the high prices.

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The higher quality, reputable sellers and manufacturers out there didn't do that. During the whole roller coaster of the last 8 years, companies like BCM, for example, didn't change their prices in response to panic. Now, there were dealers out there who raised prices on some things in order to keep inventory in stock. Empty shelves don't look good.

JohnnyFlake said:

Imported ammo is selling far less than any USA made ammo and it's just as good, maybe even better.

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Are you saying that there is far less imported ammo being sold or did you mean to say that imported ammo sells for far less money?

bearcreek said:

The higher quality, reputable sellers and manufacturers out there didn't do that. During the whole roller coaster of the last 8 years, companies like BCM, for example, didn't change their prices in response to panic. Now, there were dealers out there who raised prices on some things in order to keep inventory in stock. Empty shelves don't look good.



Are you saying that there is far less imported ammo being sold or did you mean to say that imported ammo sells for far less money?

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I meant to say that imported ammo sells for less (Usually Cheaper Than) US made ammo.

The boom is over, industry-wide.
Remington's laid off roughly 120 people alone.

This is not a matter of "Trump winning", it's entirely the result of the Dems losing.
Denis

‘Local legislative leaders reacted to the news by pointing blame in the direction of Governor Andrew Cuomo. 101st District Assemblyman Brian Miller released a statement calling the layoffs ‘troubling’ and citing New York’s Safe Act as part of the problem. “Make no mistake, there is a direct correlation. My staff and I remain fully committed to helping those affected by layoffs and will assist them and their families in any way we can,” he added.’ ibid

Nonsense.

Remington Arms sells to a National and global market; the regulatory measures of one state are insignificant.

"...nobody with half a firing brain cell is BLAMING him [Trump]."

But I'm sure that people with less than half a firing brain cell (the post-Hillary whiners) will spin this into, "Lay-offs devastate American workers following Trump win." All the while thrilled to see lay-offs in the firearms/ammunition industry.

As an aside, did anyone catch the corporate spokesman saying "head-count reduction," presumably with a straight face? One more doublespeak for "you're $%#&-canned."

What we're simply seeing is a return to a normal market in guns. The last few years, the boom in guns has been driven by one thing -- fear of further prohibitions and restrictions. Now that that impetus for buying has been removed, the gun companies will have to do what successful businesses have always done -- innovate, and be competitive in their pricing. This will be good for consumers.

What we're simply seeing is a return to a normal market in guns.

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I often said, things will be back to normal when I can go into wal-mart and buy 22LR. Guess what I did yesterday...

Now is the time for those who didn't re-mortgage the house to buy up all the AR parts they couldn't afford, to now be able to go in, purchase what they'd like at prices that are reasonable and not pumped up by folks with selfish motives. Enjoy your shopping! The blue light is on!

If more people write their reps and we get the Hearing Protection Act passed there will be another boom in the industry. All the regular companies can dabble in new features and even try their hand at their own line of suppressors (which will be in high demand right off the bat).

Just like the recent headline that it will be Trump voters who will suffer financially as a result of the end of ObamaCare.

Personally, I will pay the cost associated with Freedom.