Restaurant operators reported higher levels of spending on commercial appliances and on other capital spending for the second month in a row, and more than half plan capital spending in the next six months, according to National Restaurant Association data.
With stronger same-store sales and customer traffic levels, the National Restaurant Association's overall Restaurant Performance Index (RPI) stood above 100 for the eighth consecutive month in June 2012. The RPI in June was unchanged from May at 101.4. June was the eighth consecutive month with an RPI above 100, signifying expansion. Current capital spending was higher in June for the second consecutive month. The survey said 48% of operators said they made a capital expenditure for equipment, expansion, or remodeling in the last three months, up from 46% who said so in last month's report. 51% of restaurant operators plan a capital expenditure for equipment, expansion, or remodeling in the next six months.
to Daily News