Handgun Sales And Permits Soar - KALB-TV News Channel 5 & CBS 2

Handgun Sales And Permits Soar

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(NBC) Handguns are a hot commodity, with two of america's largest firearm makers reporting a boost in sales.

Handgun sales for Smith & Wesson are up by more than 30 percent, while Colt Manufacturing sold 12 times as many handguns in the first five months of 2014 than it did in all of last year.

Industry analysts attribute the sales boom to a growing interest in self defense and increased fears of tighter gun restrictions.
The number of handgun permits is also on the rise, climbing 30 percent to 9 million between 2010 and 2012.
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