Record U.S. Gun Checks Show Economic Doubts: Chart of the Day
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Americans are telling a “less upbeat story” about the economy’s prospects as they attempt to buy guns in record numbers, according to Nicholas Colas, chief market strategist at BNY ConvergEx Group LLC.
The CHART OF THE DAY shows the average monthly number of background-check applications increased to 1.25 million in the 12-month period that ended in March, according to data compiled by the Federal Bureau of Investigation. The figure has been setting records since January.