I believe it is just the opposite. The tremendous sell of firearms has impacted the availability of ammunition.
I agree it did. But sales are sliding here fast.
One thing i have noticed is the shortage here is in 9mm and 22lr.
I talk to people twice a week at least at several LGS and they are mixed with been shooters and new owners. 380 is also in short supply, but still there.
One other thing i have noticed is the 9mm prices from the gougers who raid Wal mart have come down in price.
The LGS have few shoppers and just about 60/40 ammo shoppers to gun shoppers.