dweis
Member
I think that the supply/demand equation is the major factor in price increases in all products not just guns. We all recall in the recent past that American were buying guns in record numbers. Gun stores had scant inventories and deliveries of new guns were slow to near none. Used guns sold out in record numbers. The demand for guns was unlike anytime in the past.
It took gun manufacturers over a 18 months to replenish store inventories because Covid cut the size of the pool of skilled workers. However, the demand for guns did not decrease as the production capability decreased. Demand soared. High demand and low supply means prices go up. C
Once prices go up they rarely go back down. Those low supply/high demand prices become the base price for future increases in price. Now that supply has mostly caught up with demand we have higher priced guns, and added to that is the fact that the extremely unemployment rate makes labor more costly. Material supplies do that too. The end result is guns cost more, and popular guns cost get price increases at a greater percentage than those lesser desired. It just is not a buyers’ market.
It took gun manufacturers over a 18 months to replenish store inventories because Covid cut the size of the pool of skilled workers. However, the demand for guns did not decrease as the production capability decreased. Demand soared. High demand and low supply means prices go up. C
Once prices go up they rarely go back down. Those low supply/high demand prices become the base price for future increases in price. Now that supply has mostly caught up with demand we have higher priced guns, and added to that is the fact that the extremely unemployment rate makes labor more costly. Material supplies do that too. The end result is guns cost more, and popular guns cost get price increases at a greater percentage than those lesser desired. It just is not a buyers’ market.