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Gun sales boom as firearm owners anticipate crackdown

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  • Description

    Buyers worried about federal assault on gun rights stock up

  • Duration 1:50
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We are learning that gun sales are through the -- buyers stocking up and the question is why.

Well they fear -- possible federal crackdown on gun rights.

Casey Stegall is that -- got a -- in Fort Worth, Texas how much of an increase are we talking about and sales -- Casey.

Bill good morning to you very significant when we talk about sales of guns are and an all time high across this country and we know this.

Because it is measured by the FBI doing background checks on folks that are purchasing weapons and according to.

Agency that number of those checks are up more than 20%.

Then last year and it is the gun ranges like this one -- In Fort Worth, Texas and stores that sell these weapons across America that are reaping the rewards.

We -- hearing from some of our suppliers and ammunition that some of their production is spoken for for the rest of the year.

And get this the numbers really tell the story stock for ammunition companies and weapons companies are through the roof Ruger sales.

-- shares are up about 84%.

If you can believe that bill what what what is driving this.

Well a couple of different things according to the -- was experts we've talked to they say that there has been more social acceptance when it comes to guns.

In this country and also there's a big increase in the number of female ownership but then there's the whole political angle fears that President Obama.

Would tighten laws if he is reelected you may remember he made a comment back in 2008 that Americans.

Clung to religion and guns but the Obama administration is quick to point out that it -- done nothing the last three years.

To interfere with an American's right to bear arms -- Casey Stegall.

In Texas today thank you Casey here's mark.

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