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The gun industry may be headed for a slump after eight years of explosive growth under former President Barack Obama.

From December through February, the number of federal background checks conducted each month declined from the same month a year ago, according to the Associated Press. While not an exact measure of total firearm sales, background checks are considered a key measure of how gun manufacturers are performing.
One reason for the softening demand, some gun industry experts say, is that potential gun buyers are no longer worried Washington will issue new regulations restricting gun sales.