Optimism is improving, but customer traffic levels are down for the 20th consecutive month albeit dropping at a slower pace.
Restaurant operators reported negative customer traffic levels for the 20th consecutive month in April.
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Along with an improving outlook, restaurant operators are also ramping up plans for capital expenditures in the months ahead. Forty-six percent of restaurant operators plan to make a capital expenditure for equipment, expansion or remodeling in the next six months, up from 44 percent last month and just 37 percent four months ago. |
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