Fifty-three percent of operators reported making a capital expenditure—for commercial appliances/foodservice equipment, expansion, or remodeling—in the last three months. That positive news is slightly down from April's expenditures of 56 percent.
Future capital spending also looks good, according to the report for the month of May 2014. For the ninth consecutive month a majority of restaurant operators were planning for capital expenditures in the months to come. In fact, 62 percent of restaurant operators plan to make a capital expenditure for equipment, expansion, or remodeling in the next six months, which is up from 60 percent in the previous month's report.
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