Article from the NRA, reposted from the kindly folks at the Woodpile Report.
When a bullet jacket is drawn, some variation in sidewall thickness has to be tolerated, but the amount must be kept minimal. Most military FMJ bullets and expanding hunting bullets have average sidewall runouts of .0008-inch. Match-grade rifle bullet jackets must average less than half that, as bullets with minimal sidewall variations are more concentric and therefore more accurate.
When a bullet jacket is drawn, some variation in sidewall thickness has to be tolerated, but the amount must be kept minimal. Most military FMJ bullets and expanding hunting bullets have average sidewall runouts of .0008-inch. Match-grade rifle bullet jackets must average less than half that, as bullets with minimal sidewall variations are more concentric and therefore more accurate.

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