Restaurant Performance Index Edged Lower in February
As a result of softer readings in the current situation indicators, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a modest decline in February. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.0 in February, down slightly from a level of101.2 in January.
While restaurant operators continued to report positive same-store sales in February, customer traffic turned negative for the first time in five months. Although 50 percent of operators expect their sales to be higher in six months ...
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