The Fed released their notes this afternoon which suggested that their worries were worse than many thought commenting that "the economic outlook would remain weak for a time and the downside risks to economic activity would be substantial."After the close, Alcoa indicated that they would be cutting upwards of 15,000 jobs, closing more plants and reducing capital expenditures by 50%. This is not surprising as the manufacturing sector has seen its worst decline in decades. Below you will a chart of production tons sold here at our company. You see the drastic decline. The one thing about being involved with a company such as this, you get to feel the working of the real economy. We continue to see a decent number of proposal request, but not many proposals getting turned into projects.