Sixty-four percent of foodservice operators have made a capital expenditure purchase in the past six months, according to the National Restaurant Association.
The National Restaurant Association's Restaurant Performance Index hit 102 in June, a decline of 0.4 percent from May.
The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 102.5 in June, essentially unchanged from May's reading of 102.6. Here are some key data points from the Current Situation Index:
- Sixty-four percent of restaurant operators reported a same-store sales gain between June 2014 and June 2015.
- Forty-seven percent of restaurant operators reported an increase in customer traffic between June 2014 and June 2015.
- Sixty-four percent of operators said they made a capital expenditure for equipment, expansion or remodeling during the last three months.
The Expectations Index, which measures restaurant operators' six-month outlook for four industry indicators (same-store sales, employees, capital expenditures and business conditions), stood at 101.5 in June, a 0.6 percent decline from May. Here are some key data points from the Expectations Index:
- Forty-two percent of restaurant operators expect to have higher sales in six months.
- Seventeen percent of restaurant operators expect economic conditions to improve in 6 months.
- Fifty-nine percent of restaurant operators plan to make a capital expenditure for equipment, expansion or remodeling in the next six months.