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 Performance Index at 10-Month High
Jun 7, 2013
 Printable format
 Email this Article
 Search

Restaurant operators in April 2013 slightly decreased their capital spending on commercial appliances and equipment as well as expansion/remodeling, according to the National Restaurant Association's Restaurant Performance Index.

RPI data showed that 47% of operators report making a capital expenditure for equipment, expansion or remodeling in the previous three months, down from 51% who said so in the previous month's report.

Restaurant operators, however, are increasing their plans for reported an uptick in plans for capital spending in the near future. Report data showed 59% plan on capital expenditures in the next six months, up from 55% who said so in the previous month's report.

The decrease in current capital expenditures came despite a strong month. April same-store sales were higher and restaurant operators expressed an improving outlook. This pushed the index reading to a 10-month high in April. The index was at 101.0, up 0.4% from 100.6 in March.

It was the third month out of the last four with an RPI above 100, the mark that signifies growth in the index of industry indicators.

"Growth in the Restaurant Performance Index was due largely to restaurant operators' healthier outlook for the business environment in the coming months," said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association. "In particular, there was a dropoff in the proportion of operators who expect conditions to worsen in the months ahead, which suggests a broadening of the perspective that the expansion is firmly entrenched."

Back to Daily News

 

Daily News

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

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

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