Although sales and traffic at restaurants in the United States were down in June 2013, restaurant operators continue steady capital spending on commercial appliances/capital equipment, remodeling on, and expansion, according to the National Restaurant Association's Restaurant Performance Index (RPI). In June 52% operators said they made a capital expenditure in the previous three months. This level was unchanged from May 2013.
Restaurant operators are increasing their plans for capital spending in the future. The June 2013 report showed that 59% of restaurant operators plan to make a capital expenditure in the next six months. This is up from 57% who said so in the May 2013 report.
The overall RPI was 101.3 in June, down 0.5% from May's 101.8. June was the fourth consecutive month with an RPI above 100 level, indicating expansion in the index.
"Although the overall RPI dipped somewhat in June, it remained in positive territory as restaurant operators continued to report gains in both sales and customer traffic," said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association. "Looking forward, restaurant operators remain generally optimistic about the business environment in the months ahead, with the Expectations Index holding steady at a 12-month high."
to Daily News