CHICOPEE, Mass. (WWLP) – Local gun producers are reporting a drop in sales. Smith & Wesson is reporting lower sales and a falling demand for rifles and some hunters are concerned this is a sign of the times.
Smith & Wesson also announced net income for the quarter was down about 12 million dollars from the same quarter a year ago. Gun sales increased in 2012 and early 2013 after high-profile shootings that raised fears of increased gun control regulations. Demand for guns has now dropped.
Williams Beachley of Chicopee told 22News that there are fewer places to hunt, and that people are nervous to invest in guns nowadays. Beachley said, “You have all these new laws and stuff that they want to put on you for guns and this and that, and it just turns people away. They’re scared to buy guns because they feel they’re not going to get to use them and they’re afraid the government is going to take them back.”
Smith & Wesson reported long guns, including modern sporting rifles, drove 87 percent of the first quarter decline.