It will not do you any good to yell at your local store clerk or gun shop worker concerning the shortage and high expense of ammunition. The cause of the shortage circles around 3 main issues, Remington Bankruptcy, COVID-19, and Consumer Demand.
The continued lawsuits forced Remington to declare bankruptcy twice in the last three years. The last act of Remington was to break the different parts of the company up and sell them off to competitors. The sale should stop the lawsuits for now (who knows what the creative lawyers will come up with next to torture American businesses) and production of brass, primers, and ammunitions should be back online in 2021.
Covid-19 has closed down businesses all over the US, the ammunition companies are no different. The companies have had to deal with shutdowns, employee shortages, and lost production time. This has added to the inability to produce inventory to customer demand.
Customers are buying ammunition and guns at record levels. The fears of gun grabs, civil unrest, and the election results have turned ammunition into the next staple that is being horded in homes all over the US. While these are all good enough reasons to stock up on bullets, it has the effect of raising prices because the supply is low.
Manufacturers are doing everything they can to keep up with the heavy demand. The choice is yours to buy ammo at this point. The product will cost you a premium price. Please remember that there is a ton of stress building up in the country, and at this point there is no end in sight for the shortages, so the prices will remain very high.
Comments