I understand that the reports of the economy are bad but I also see (everyday) evidence that the American consumers are still buying. Perhaps, not as much or as often but still as long as companies offer new and innovative products there will be demand. Good luck Microchip I hope things improve.
Careful there, it's not quite a double dip yet, although getting close.
One concern is the self-fulfilling prophecy. Economics is 90% psychology, and recent events have not exactly boosted the confidence of consumers or businesses.