SARATOGA SPRINGS, N.Y. -- Vic Scuderi is loaded with weaponry. His booth is stocked full of customers who are looking to wipe out his arsenal of firearms. It's business he won't shoot down.

"I've probably seen a 25 percent increase in sales from last year," said Scuderi.

While the economy may be wounded, gun dealers say sales are exploding at the annual Arms Fair at the City Center in Saratoga Springs.

"This is my best show ever. I've sold more ammunition and more magazines than I've ever sold, so in that regard it's been a very good show for me," said gun dealer Richard Pelzer.

Vendors her in the Spa City aren't alone. Across the country gun dealers are reporting a huge spike in sales.

Paul Argento noticed the trend back in November.

"I've spoken to a couple of people and in fact right after Obama was elected president there was more less a run on the bank. I mean everybody was out running and buying guns and ammunition for fear that he was going to stop everything," said Argento.

It's rumored, as part of his stimulus package, President-Elect Barak Obama may impose stricter regulations on the gun industry when he takes office.

It would include a tax hike on ammunition and the ban on semiautomatic weapons like hunting rifles.

That fear factor has these enthusiasts gobbling up guns.

"Guns are going out of here too but ammunition seems to be at a premium," said Pelzer.

"There's a lot of buzz about prices going up so people are buying now as their budget allows, probably more than they would have in the past," said gun collector Jeff Germain.

While tax talk and gun control are nothing new, this latest threat just means people will have to hunt around for those killer deals.