Restaurant Performance Index Posted a Healthy Gain in August
Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a healthy gain in August. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 102.0 in August, up 1.0 percent from a level of 101.1 in July.
The RPI’s August increase was bolstered by broad-based gains in the current situation indicators, which rebounded from softness in July. Restaurant operators reported a net increase in same-store sales for the 10th consecutive month, with customer traffic also turning positive in August. Although the forward-looking indicators anticipate continued growth in the coming months, their recent trends have been somewhat ...
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