Restaurant operators also report an increase capital expenditures.
The National Restaurant Association's Restaurant Performance Index (RPI) stood at 101.8 in May, a 14-month high. This represented a 0.9 percent increase from April and the third consecutive monthly gain. RPI scores in excess of 100 indicate expansion in the index of key industry indicators.
The Current Situation Index, which measures trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 101.6 in May – up 1.6 percent from a level of 100.1 in April. Key data points include:
The Expectations Index, which measures restaurant operators' six-month outlook for four industry indicators (same-store sales, employees, capital expenditures and business conditions), stood at 102.0 in May – the strongest level in 12 months. Each of the four expectations indicators stood at more than 100 for the fifth consecutive month, which indicates broad-based optimism for business conditions in the coming months. Key data points include:
2013 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.