Is recession affecting stock status?

Seems to me to be more a result of sales going through the roof on anything gun related.

Even the local Wal Mart here is out of a lot of stuff, it's just flying off the shelves.

The gun industry should send Obama a thank you card for revitalizing things. (tongue in cheek there)

In Utah you can't find any ammo or reloading supplies at all, just empty shelves. I did get the reloading supplies I needed from Midway and Powder Valley. I emailed CCI about primers and they stated they are runnig 24/7 to keep up on demand. I is called panic buying and I did it myself I bought $1000.00 worth of supplies online. In the local Sportman's They are even out of cleaning kits.

I think it is a combination of both..The "Obama Rush" and the lack of General credit....BTW the S&W mp 15t (.223 AR) Which I bought a year ago for $1200 is now $2100 on Gun Broker....

I Would venter to say that the Economy is NOT affecting the Firearm and Accessories Sales.

Demand Is High, Supply is low, in the Firearm Industry. This will be lived for a Short time.

The gun industry should send Obama a thank you card for revitalizing things. (tongue in cheek there)

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Seen on the wall at Coal Creek Armory, which is having trouble keeping AR's and other EBR's and such in stock:


http://www.saysuncle.com/archives/2008/12/01/employee-of-the-month/

I called midway a few weeks ago to order some bullets and they were out of ALL of the bullets I use. The nice female said they had been selling way more than they had ever dreamed of. Thats got to be a lot! And also that after backorders were filled new stock for reloading bullets wouldnt be available to Jan. 1st.

If there is a simple point to make, it's that the popular stuff selling right now is an indicator of what NOT to buy.

There's plenty of .30-30, .30-06, and .308 on the shelves locally, still sufficient rifles to shoot them, and plenty of pump shotguns. Handgun ammo is not that short in regular defensive calibers.

What is short are all the boutique firearms those with disposable cash are infatuated with - AR's and .223, some Glocks, etc. It's based on what could be banned, not on what is the best defensive weapon. And as stated, prices are rising. I expect a lot of stuff will come out of the woodwork if a killing can be made.

It's just profiteering by many of the same people who complained about the oil companies doing it. Hmmm?

It's just profiteering by many of the same people who complained about the oil companies doing it. Hmmm?

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Short answer: they were wrong when they were griping about the oil companies, too.

Longer Answer:

Sales are throught the roof. This is a fact. Sales on EBRs in particular are stratospheric. The supply line has been completely depleted, and people are still looking to buy. This is going to lead to one of two things: shortages or price hikes.

We gripe when stuff is out of stock, and we gripe when stuff is marked up in price. In short, we just gripe. Apparently, in times of tight supply, we want our merchants and private parties to continue to sell stuff at "reasonable" prices and to continue to keep stuff on the shelves. In the minds of some, EBRs just magically appear in the stock room.

Mike

There are a lot of advocates for free market economics, until the demand is greater than the supply and prices are increased. Just saying. I think it sucks that I can't buy rifles for MSRP right now. I am making a mental note of which dealers keep their prices reasonable. After the dust settles those are the companies I will be doing business with.

Lack of general credit I think is playing a bigger role then people might like to believe.
There's grocery stores out here that have dwindling stock compared to a year ago for that exact reason - and I can tell you that has NOTHING to do with who was just elected. Retail stores all over the area, especailly here (i live in a tourist-based economy) are all hurting, and their on-hand stocks are reflecting that pain.

Keeping the bare minimum of stock on hand is going to help to maximize your profits...the trick is not running out when you have a buyer ready.

Wideners hasn't much in the way of pistol bullets in stock for several months now.

I think there may be an issue of mfg's, distributors, and retailers not wanting to over-react and overproduce stock.
We're seeing a spike in activity now. Is that spike going to be there say, 3 months from now? How's about 6-9 months?

If everybody jumps up and ramps up production and stock levels overnight, and rushes as much out the door as they can - what happens if/when the rush does down - and these guys are left holding all this stock they can't move.

Meanwhile, due to the lack of availability - the stock that they do produce moves very quickly, and at a higher price. If/when the panic buying dies down - there's no more overstock then there would have been before, and money has been made by the fistfull.

Really - there's very little incentive to ramp up production, and drive prices down.

Posts like this are driving me crazy. I am currently living abroad and while I bought my ar-15 and plenty of spare mags before I left six months ago. I am a little disparaged by what I keep reading.
:banghead:

SSN Vet said:

...and 30 cal bullets

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.223 and .308 are the two bullets I think are selling the fastest right now.
AR's mostly use .223, and many semi-auto guns in demand right now use .308. Oh, and 7.62x39 is pretty hot also.

Also remember that in addition to the phenomenal demand, we're approaching the end of the year, and anything held in inventory is subject to tax.

i dunno, none seems to have affected any of my walnut or laminates. The polymers are a little depressed though...