Trump election does not slow gun sales
So far this year, the FBI has processed24,767,514 checks through its National Instant Criminal Background Check System, known as NICS, which puts 2016 more than 160,000 checks above the yearly record set in 2015. The record comes after November 2016 set its own monthly record with 2,561,281 checks, nearly 320,000 more than the previous record set last November. This gun sales spike has lasted for over a year and resulted in monthly records for 19 straight months.
November’s record comes as the firearms industry is beginning its seasonal upswing with millions of Americans purchasing firearms in the lead up to the holiday season. That upswing is likely to add to 2016’s record because December has traditionally seen the highest number of NICS checks for the year.
The number of checks processed through the FBI’s system is generally considered one of the strongest indicators of gun sales in the United States because nearly all sales made through federally licensed firearms dealers require a NICS check. However, the number of NICS checks made in a given period of time is not a perfect representation of the number of guns actually sold in that same period of time for a number of reasons. Read the rest of this entry »
“Record labels are waiting months for orders that used to get filled in weeks. That is because pressing machines spit out only around 125 records an hour. To boost production, record factories are running their machines so hard—sometimes around the clock—they have to shell out increasing sums for maintenance and repairs.”
But while new LPs hit stores each week, the creaky machines that make them haven’t been manufactured for decades, and just one company supplies an estimated 90% of the raw vinyl that the industry needs. As such, the nation’s 15 or so still-running factories that press records face daily challenges with breakdowns and supply shortages.
“To get more machines, record-plant owners have been scouring the globe for mothballed presses, snapping them up for $15,000 to $30,000, and plunking down even more to refurbish them.”
Their efforts point to a problem now bedeviling a curious corner of the music industry. The record-making business is stirring to life—but it’s still on its last legs. Read the rest of this entry »