Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Restaurant Capital Spending Up Even on Softened Outlook
Jul 1, 2010
 Printable format
 Email this Article
 Search

Even as outlook for the U.S. restaurant industry softened in May, with the National Restaurant Association’s index of restaurant activity moving below 100 for the first time in three months, capital expenditure activity rose to its highest level in almost 2 years.

The Restaurant Performance Index (RPI), a monthly composite index tracking the health and outlook for the U.S. restaurant industry, was 99.7 in May, down 0.7% from April’s 100.4. The RPI’s May drop came after strong index growth earlier this year and amid sharply increasing wholesale food prices.

An overall index values above 100 indicate that key industry indicators are in a period of expansion and below 100 represent indicators are in contraction.

45% of operators said they made a capital expenditure for equipment, expansion, or remodeling in the last three months, up from 40% in April and the highest level in nearly two years.

Hudson Riehle, senior vice president of the Research and Knowledge Group for the association, said capital expenditures activity and a continued positive sales outlook indicates that restaurant operators are optimistic that the coming months will show improved business conditions.

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows