Blogs > Frye on the News

Keeping his eye on the news and offering commentaries and insights on what is happening in Oakland County, around the world, on the tube and in the news.

Sunday, December 23, 2012

Economic impact of guns

Saw something I want to check out, or more likely await actual results, but the group that forecasts national sales amended its projection for Christmas, from an increase of 3.3 percent to an increase of 2.5 percent, as CBS News reported on 'Sunday Morning.'

The report said the decrease in the estimate of the holiday's sales came for two reasons: Hurricane Sandy and its devastation of the northeast coast, or NY/NJ area as well as the impact of the Sandy Hook shooting.

I understand fewer sales due to people paying to replace their homes and belongings, spending less on gifts because of the need for essentials. The economic impact of the hurricane affected sales of cars and will force the jump of building materials sales. But the emotional impact of a tragedy? That's kinda surprising, though I guess I can see people less enthusiastic, especially out east.

But I thought the jump in gun sales would counter that.

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