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 Down Slightly
Apr 2, 2013
 Printable format
 Email this Article
 Search

Softer same-store sales and customer traffic levels brought the Restaurant Performance Index (RPI) down to 99.9 in February 2013, down from January's five-month high, according to the National Restaurant Association.

February was the fourth month out of the last five with an RPI below 100, indicating contraction in key industry indicators.

Capital spending by restaurant operators was down as well, with 48% of operators saying they made capital expenditures for commercial appliances/commercial foodservice equipment, or for expansion or remodeling during the last three months. In the January 2013 report the level was 52% of operators.

"Despite the sales and traffic declines in February, restaurant operators remain generally optimistic about business conditions in the months ahead, which suggests they feel the setbacks will be temporary," said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association.

57% of restaurant operators in the February 2013 plan capital spending for equipment or remodeling in the next six months. In the January report, the level was 59%.

Back to Daily News

 

Daily News

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

Jan 24, 2014: Target: Data Stolen on 70 Million Individuals

Jan 24, 2014: 2014 Housewares Show is Sold Out

Jan 23, 2014: Whirlpool Transitions U.S. Refrigerator Production to Use Proprietary Honeywell Blowing Agent

Jan 23, 2014: Founder Rubin Departs Helen of Troy; Mininberg Will Be New CEO

Jan 23, 2014: Electrolux Named Industry Leader in Annual RobecoSAM Rating

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows