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 Plans Improving
Feb 5, 2014
 Printable format
 Email this Article
 Search

Restaurant capital spending levels—on commercial appliances/foodservice equipment, expansion, or remodeling—remained positive in December 2013, according to the National Restaurant Association. The organization said 52% of operators made a capital expenditure in the previous three months. It was the eighth consecutive month in which most operators said they made expenditures.

December capital spending levels remained positive despite dampened sales and traffic in December, which was blamed on bad winter weather in much of the United States.

Restaurant operators' plans for capital spending in the next six months were also strong, despite their mixed outlook for the overall economy: 61% of operators plan a capital expenditure—on commercial appliances/foodservice equipment, expansion, or remodeling—in the next six months; 55% reported similarly in the previous month's report.

The association's Restaurant Performance Index (RPI) saw a decline in December to stand at 100.5, down 0.6% from November. Despite the decline—the first in three months—the RPI was over 100 for the 10th month, indicating expansion.

“The December decline in the RPI was due to a dip in the current situation indicators, which in turn was partly caused by inclement weather in large parts of the country,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association. “Despite the softer December results, restaurant operators remain generally optimistic about business conditions in the months ahead.”

Back to Daily News

 

Daily News

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

Apr 22, 2014: A Third of Homes Worldwide Could Have Networks by 2018

Apr 22, 2014: Appliance Category Industrial Output Up 2% in March

Apr 21, 2014: Final Commercial Refrigeration Rule Published

Apr 21, 2014: Elam Offers Android-Enabled Kitchen Interface

Apr 21, 2014: LG Door-in-Door Refrigerator Called One of Year's Most Innovative Products

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