Sunday, October 23, 2011

U.S. restaurant outlook dims - Puget Sound Business Journal (Seattle):

tarpleypymibujuh1491.blogspot.com
A total of 60 percent of operator saw lower May sales compared to ayear ago, whiler 26 percent said sales were up. The association also says restauranr operators reported negative customef traffic levelsin May, the 21st consecutiver month of traffic declines. "Despite the softer salee outlook, restaurant operators remained relatively optimistic that the econom will improve in themonths ahead," the Association "Thirty-four percent of restaurant operators said they expect economicx conditions to improve in six down slightly from 37 percent who reported similarlty last month.
" After reaching a 10-month high last the group says restaurantg operators have scaled back plans for capital expenditures in the coming months, with 41 percent planniny to spend money on remodeling or down from 46 percent last

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