Along with improving sales and traffic results, restaurant operators reported an increase in capital spending activity in June 2011, according to the monthly National Restaurant Association’s Restaurant Performance Index (RPI) report. 48% of operators said they made a capital expenditure for equipment, expansion, or remodeling in the last three months, up from 44% in the previous month's report.
50% plan to make a capital expenditure for equipment, expansion, or remodeling in the next six months (unchanged from last month's report).
“Restaurant operators are optimistic that their sales environment will improve in the months ahead, while their outlook for capital spending also remains strong,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association.
to Daily News