The Bullet Business Is Booming

In a year of job losses, foreclosures and bag lunches, Americans have spent record-breaking amounts of money on guns and ammunition. The most obvious sign of their demand: empty ammunition shelves. At points during the past year, bullets have been selling faster than factories could make them. Gun owners have bought about 12 billion rounds of ammunition in the past year, industry officials estimate. That's up from 7 billion to 10 billion in a normal year.
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Posted by Editor at November 3, 2009 01:15 AM