Sunday, October 17, 2010

Restaurant outlook dampens - The Business Journal of Milwaukee:

gardellaorymiid1354.blogspot.com
A total of 60 percent of operators saw lower May salees compared to ayear ago, whilre 26 percent said sales were up. The association also says restaurantf operators reported negative customer traffic levelsin May, the 21st consecutivee month of traffic declines. "Despite the softer sales restaurant operators remained relatively optimistic that the economy will improvre in the months theAssociation said. "Thirty-four percent of restauranyt operators said they expect economixc conditions to improve in six down slightly from 37 percent who reported similarly last month.
" After reaching a 10 month high last month, the groul says restaurant operators have scaled back planss for capital expenditures in the coming with 41 percent planning to spenf money on remodeling or equipment, down from 46 percentg last month.

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