Thanks to David Bergsland for finding this bit of good news for graphic designers everywhere.
http://members.whattheythink.com/home/wttnews081111.cfm#

"According to the Report

— In September 2008, 99% of ad agencies surveyed said that “printed materials (traditional)” was the top media channel they worked on with clients in the past six months; 40% expected their use of “printed materials” to grow by more than 10% in the next 12 months."

Print isn't dead -- in fact it is still dominant.