Between the military, the police, and paranoid citizens, America is sucking up the supply of gun ammo faster than manufacturers’ factories can churn it out. Via Fox News:
Demand for guns and ammunition has cleaned out stores nationwide, leading to waiting lists and early morning lines outside of gun and sporting good stores for ammunition shipments. Common calibers routinely sell out within minutes of appearing on store shelves and prices have soared as much as 70 percent.
After the Newtown elementary school massacre, gun enthusiasts have packed stores, buying as many firearms and as much ammunition as they can find. Moves to expand background checks and limit firearm and magazine sales have added to the hysteria.
Ammunition manufacturers are struggling to make enough and have hundreds of millions of dollars in backorders. They’ve added hundreds of employees and equipment and increased overtime, and, in some cases, are running factories around the clock.