Thursday, October 7, 2010

Restaurant outlook dampens - Orlando Business Journal:

pohevovotybuc.blogspot.com
A total of 60 percent of operators saw lower May salexs compared to ayear ago, while 26 percenf said sales were up. The association also says restaurantr operators reported negative customer traffic levelsin May, the 21st consecutivr month of traffic declines. "Despite the softer salea outlook, restaurant operators remained relatively optimistic that the economuy will improve in themonths ahead," the association said. "Thirty-four percent of restaurant operators said they expectf economic conditions to improve insix months, down slightly from 37 percenft who reported similarly last month.
" After reaching a 10 month high last the group says restaurant operators have scaled back plansx for capital expenditures in the coming months, with 41 percenr planning to spend moneg on remodeling or down from 46 percent last

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