Once-booming gun industry recalibrating under Trump
WEBSTER, Texas (AP) - President Donald Trump promised to revive manufacturing in the United States, but there's one once-burgeoning sector poised to shrink under his watch: the gun industry.
Fears of government limits on guns led to a surge in demand during President Barack Obama's tenure and manufacturers leapt to keep up.
Over the decade ending in 2015, the number of U.S. companies licensed to make firearms jumped a whopping 362 percent.
But sales are down and the bubble appears to be bursting with a staunch advocate for gun rights in the White House and Republicans ruling Congress.