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A total of 60 percengt of operators saw lower May sales compared to ayear ago, whilse 26 percent said sales were up. The association also says restaurant operators reported negative customed traffic levelsin May, the 21st consecutive montg of traffic declines. "Despite the softer sales outlook, restauranft operators remained relatively optimistic that the economy will improve in themontha ahead," the Association said. "Thirty-fourt percent of restaurant operators said they expecyt economic conditions to improve in six down slightly from 37 percent who reportedx similarlylast month.
" After reaching a 10 month high last the group says restaurant operators have scaled back plansa for capital expenditures in the coming months, with 41 percent planning to spend moneyg on remodeling or equipment, down from 46 percen last month.
Sunday, April 10, 2011
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