Thursday, November 05, 2009

Keep It Dry ::: Americans Buy Enough Ammunition In 12 Months To Equal Two Boxes For Everyone In The USA

Change we can believe in.

A record setting 12 billion rounds of ammunition have been bought by Americans in the last 12 month That's up two to five billion over a normal year.

With a U.S. population estimated at 305 million at the beginning of 2009, the ammo sales in the last year amount to almost two 20 round boxes for every man, woman, and child in America.

Many anti gun groups are calling ammunition purchases and shortages "Paranoid."
But, there are a lot of reasons why ammunition sales are high. Some are economic reasons, and some are government related. In addition to two wars going on, there's target shooting, hunting, and Law Enforcement use where department's orders have increased 40% this year. And, yes, even some people who are stock piling ammo.

The U.S. Government has a lock on priority as first in line for ammunition purchases. All ammunition government contractors must provide for the military first. With two wars going on, that calls for lots of government purchased .308, .223, and 9mm.

Ammo sales have been good for commercial manufacturer's bottom lines. In addition to sales to the public, commercial manufacturer have government ammo contracts that take ammo out of the commercial market. Winchester reported a 2009 3rd quarter profit of $23 million, up from $9.8 million in 2008.

Commercial manufacturers are running 24/7 to try to keep up. Many people have been added to the payroll. These are verifiable jobs "saved" or "created" by Obama. Americans should give him credit for job growth here. David Axelrod would be proud.

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