I have received some news that, while I don't have it in black and white, can be taken as the way things will happen, at least for the time being.
Because of what I found out from a friend who attended a trade show this last weekend, the outlook for the shooting public might not be as dim as it has looked for the last several months.
This friend is telling me that because the U.S. economy isn't the only world economy that has tanked as of late, the raw materials, specifically those used in the manufacture of ammunition are not as much in demand, and those countries that are sending us ammunition as imports are going to slightly decrease their prices overall, or at least that is what I'm hearing.
Two of these foreign ammunition suppliers are PMC of Korea and Wolfe of Russia. That doesn't mean that the domestic ammunition companies are going to decrease their prices, but it surely means that their prices will not rise to the significant amounts we were all expecting. The ballpark figure I'm hearing is about a 3 percent increase.
