Restaurant equipment purchases and capital expenditure are on the rise, according to the National Restaurant Association. Fifty-nine percent of restaurant operators reported planning to make a capital expenditure such as purchasing new restaurant equipment, expanding or remodeling in the coming months. Also, Fifty-three percent reported purchasing restaurant equipment or making other capital expenditures in the month of May.

This news comes as the National Restaurant Association reports increased restaurant performance for the third straight month, with increases in same store sales and traffic.