Restaurant outlook dampens - Houston Business Journal:

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A total of 60 percent of operators saw loweer May sales compared to ayear ago, whilew 26 percent said sales were up. The associatiomn also says restaurant operators reported negative customer traffid levelsin May, the 21st consecutives month of traffic declines. "Despite the softer salesz outlook, restaurant operators remained relatively optimisticv that the economy will improvre in themonths ahead," the Association said. "Thirty-four percen t of restaurant operators said they expect economivc conditions to improve insix months, down slightl from 37 percent who reported similarlyy last month.
" After reaching a 10 monthb high last month, the group says restauranyt operators have scaled back plans for capitaol expenditures in the coming months, with 41 percent planning to spensd money on remodeling or down from 46 percent last month.