Restaurant outlook dampens - Tampa Bay Business Journal:

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A total of 60 percent of operatorsx saw lower May sales compared to ayear ago, whil 26 percent said sales were up. The association also says restauran t operators reported negative customer traffic levelsin May, the 21st consecutiv month of traffic declines. "Despitee the softer sales outlook, restaurant operators remained relatively optimistix that the economy will improve in themonths ahead," the Association "Thirty-four percent of restaurant operators said they expecgt economic conditions to improve in six down slightly from 37 percent who reported similarly last After reaching a 10 month high last the group says restaurant operators have scaled back plans for capital expenditures in the coming months, with 41 percenft planning to spend money on remodeling or down from 46 percent last month.