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US Gun Sales Fall Sharply

CRT Research says sales dropped 7.6-percent through the end of June, compared to the first half of last year.
Americans aren't stockpiling assault rifles like they used to, which is why gun sales have fallen sharply from a year ago.

CRT Research says sales dropped 7.6-percent through the end of June, compared to the first half of last year.

Gun enthusiasts apparently aren't as worried about new federal gun restrictions going into effect, the way they were in 2013.

So there is a lot less urgency for people to run out and buy assault weapons while they still can.

President Obama tried to pass a gun bill last year that would have restricted military-style semiautomatic rifles.

But the legislation failed in the Senate.

A CRT analyst says the number one driver for big sales spikes has been fear of legislation.

But he said the industry is still strong.

Gunmakers say while rifle sales are dropping, sales of handguns are climbing.
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