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 Index at 3-Year High
May 31, 2011
 Printable format
 Email this Article
 Search

It may be good news for commercial appliance producers: capital spending activity among restaurant operators has trended upward in recent months, according to the National Restaurant Association’s Restaurant Performance Index (RPI). In the report for April 2011 48% of operators said they made a capital expenditure for equipment, expansion, or remodeling in the last three months - the highest level in nearly three years.

The outlook for the restaurant industry overall remained good in April 2011, with positive same-store sales and optimism among restaurant operators for continued growth. The RPI was 100.9 in April, nearly unchanged from 101.0 in March. April was the fifth consecutive month with an RPI over 100, signifying expansion in the index of key industry indicators.

"The restaurant industry continued to build momentum in April, with restaurant operators reporting positive same-store sales and customer traffic levels for the sixth time in the last eight months,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the association. “Barring any significant external shocks, restaurant sales and traffic levels will continue to improve in the months ahead.”

Still, restaurant operators did report a slight decrease in plans for capital spending in the months ahead, with 49% of restaurant operators planning to make a capital expenditure for equipment, expansion, or remodeling in the next six months, down slightly from 53% who reported similarly last month.

Back to Daily News

 

Daily News

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

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Arçelik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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