Grim Economic Times for the Technology Industry

Just as these days of crisis have made for sparse technology news, the health of the technology industry has gone “from bad to worse,” according to a Siliconvalley.com article. Confidence among individual consumers is down (athough I personally witnessed brisk traffic at a local outlet mall over the weekend) but more importantly, businesses are postponing large expenditures of PCs, enterprise software and other high tech equipment.