Restaurant Performance Index Declines after Spike in December, Returns to Average Sentiment
SEAFOODNEWS.COM [National Restaurant Association] March 02, 2018
With same-store sales and customer traffic retreating from December’s strong levels, the National Restaurant Association’s Restaurant Performance Index (RPI) fell sharply in January. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 100.9 in January, down 2.0 percent from a level of 102.9 in December.
January’s decline returned the RPI to the range that has generally been in place for the last year. Prior to December’s sharp increase – which was driven by a spike in same-store sales and customer traffic – the RPI had an average reading of 100.8 during 2017. January represented a return to this trend, which was defined ...
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