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Under Malloy CT’s Firearms Industry Suffers

April 19, 2017 By Staff
Under Malloy CT’s Firearms Industry Suffers

Connecticut "has paid the price" for the governor's hostility towards gun owners and the firearms industry within in state.

A 2017 report just released by the National Shooting Sports Foundation (NSSF) reveals some interesting facts about Connecticut’s firearms industry. While the nation’s firearm industry grew as a whole, Connecticut’s portion of the industry slowed.

As reported by NSSF, and shared by CT News Junkie:

Connecticut residents also rushed get pistol permits in record numbers in 2016. As reported in the Monroe Courier, “a total of 29,941 [were] issued for the year, compared with 17,127 the previous year.”

Connecticut’s slip in the firearms industry, though, makes another recent NSSF report all the more concerning for enthusiasts.

“The Malloy Economy: CT Closed for Business,” written by the NSSF, argues that Connecticut “has paid the price” for the governor’s hostility towards gun owners and the firearms industry within in state. NSSF writes that firearm industry-related jobs and, importantly, state tax revenue from the industry are all down under the governor’s leadership.

With Connecticut’s budget in a “state of emergency,” and taxpayers facing everything from higher taxes to cuts in services, the lost state revenue from a once-prosperous industry stings even more for state leaders.