Restaurant outlook dampens - Boston Business Journal:

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A total of 60 percent of operators saw lower May salese compared to ayear ago, while 26 percent said salee were up. The association also says restaurant operators reporteed negative customer traffic levelsin May, the 21st consecutiver month of traffic declines. "Despite the softer salesx outlook, restaurant operators remained relatively optimistic that the economy will improv in themonths ahead," the Association said. "Thirty-four percent of restaurantt operators said they expect economic conditions to improve in six down slightly from 37 percent who reportedd similarlylast month.
" After reaching a 10 month high last month, the groupl says restaurant operators have scaled back plans for capitak expenditures in the coming months, with 41 percent planninhg to spend money on remodeling or equipment, down from 46 percent last month.