What's going on with the audio market?


Recent retail sales reports are very bad and I am hearing that sales for audio equipment have been nonexistent over the past few months.  I also see more dealers putting items up for sale here and on other outlets.  Even items that have traditionally sold quickly here are expiring without being sold. 

To what would you attribute the slowdown?  Have you changed your buying habits for audio equipment and, if so, why? 
theothergreg
57,20,?
I had to abandon my hifi addiction when I turned 30 or so, and was stereo-less until last year. It was fun getting back to speed.
I think my days of chasing the 'perfect system' have passed, but when I see a good deal and there's money in the bank, I sometimes weaken...

As far as the audio market dying, I think it is something on a larger scale.
I own my own Garden Design business. 
This year has to be one of the worst for me. Everyone wants what I offer, they just don't want to pay for it. 
Mobile and portable devices like iPhones play music and doing quite well. 

Younger generations on don't just sit and listen to music as much anymore. 

Still plenty of of good gear on the market though.   Just not great for sellers though it sounds.  
Jafant wrote,

"Obama has done nothing to fix the economy."

Actually the economy has recovered from when it tanked on Bush's watch. Let's recap. The Stock Market has recovered.  The job market has recovered. And the housing market is in the midst of a recovery. What's not to like?