Restaurant industry posts first performance increase in five months, according to the National Restaurant Association.
The National Restaurant Association's Restaurant Performance Index (RPI) stood at 100.6 in August, up 0.4 percent from July. This also represents the first increase in 5 months and the 10th consecutive month the index exceeded 100, signaling expansion among key foodservice industry economic indicators.
The Index consists of two components – the Current Situation Index and the Expectations Index.
The Current Situation Index stood at 100.6 in August – up 0.8 percent from July's level of 99.8. Key data points from the Current Situation Index include:
The Expectations Index stood at 100.7 in August – unchanged from July's level. Key data points from the expectations index include:
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