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NATIONAL RESTAURANT ASSOCIATION OUTLOOK “CAUTIOUSLY OPTIMISTIC”

By December 30, 2013Top News, Association Talk

The National Restaurant Association released its Restaurant Performance Index (RPI) stating that with “stronger same-store sales and traffic and a more optimistic outlook among restaurant operators,” RPI rose to a four-month high in October 2013. A majority of operators reported higher same-store sales, two out of five reported stronger customer traffic and 57%National-Restaurant-Association said they had made a capital expenditure in the past three months. The RPI tracks U.S. restaurant data to produces its outlook. Operators’ outlook for sales growth in the months ahead remains cautiously optimistic. The RPI stood at 100.9, up 0.7 percent from September’s level, and remained above 100 for the eighth consecutive month, signifying expansion in the index of key indicators.

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