What passes for good news these days in the gun biz

From 538 Significant Digits:

11 million guns

That’s how many firearms were manufactured in America in 2016, up from four million a decade ago. But gun ownership is concentrated among a small number of Americans these days. And the firearms industry is slumping because, get this, Donald Trump was elected. Without former President Barack Obama in office — or Hillary Clinton in his stead — fears of a gun crackdown have eased and sales have slumped. Remington Outdoor Co., a major manufacturer of guns that has been around for more than 200 years, announced on Monday that it would file for bankruptcy protection. [Bloomberg]

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