The National Shooting Sports Foundation, which represents the largest suppliers of bullets and ammunition in the country, say there’s no recession in bullets. America is producing 2 billion more bullets this year over 2008’s 7.5 billion. And still the shelves are empty. Producers can’t make bullets fast enough.
Believing that President Obama may push through anti-gun legislation, gun owners and even some police departments are hoarding every bullet they can find. via LA Times.