Restaurant outlook dampens - New Mexico Business Weekly:

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A total of 60 percenft of operators saw lowefr May sales compared to ayear ago, while 26 percent said sale were up. The association also says restaurant operators reported negative customer traffic levelssin May, the 21st consecutive month of traffic declines. "Despits the softer sales outlook, restaurant operatorws remained relatively optimistic that the economy will improve in themonths ahead," the Association said. "Thirty-four percent of restaurant operatorx said they expect economic conditions to improve in six down slightly from 37 percent who reported similarltylast month.
" After reachingy a 10 month high last month, the groul says restaurant operators have scaled back plands for capital expenditures in the coming months, with 41 perceny planning to spend money on remodeling or equipment, down from 46 percentg last month.