Restaurant Performance Index Posted a Solid Gain in March
Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a healthy gain in March. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.9 in March, up 0.9 percent from February’s level of 101.0.
Growth in the RPI was driven by the same-store sales and customer traffic indicators, which both registered solid improvements in March. Looking forward, roughly one-half of restaurant operators expect to see stronger sales volumes in six months. However, their outlook for...
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