Restaurant performance shows improvement

September 1, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

The National Restaurant Association’s index of restaurant activity registered its first gain in three months. The Association’s Restaurant Performance Index (RPI), a monthly composite that tracks the U.S. restaurant industry, came in at 98.1 in July, an increase of 0.3 percent from its June level.
The RPI is constructed so that the health of the restaurant industry is measured in relation to a steady-state level of 100. Index values above 100 indicate that industry indicators are in a period of expansion, while index values below 100 represent a period of contraction.
 
“Although restaurant operators continue to report soft same-store sales and customer traffic levels, they are more optimistic about improving conditions in the months ahead,” said Hudson Riehle, senior vice president of Research and Information Services for the Association. “Restaurant operators reported a positive six-month economic outlook, and the proportion expecting higher sales rose to its highest level in three months.”
 
RPI is based on the responses to the National Restaurant Association’s Restaurant Industry Tracking Survey, fielded monthly among restaurant owners on a variety of indicators including sales, traffic, labor and capital expenditures, the association says.
 
In addition to same-store sales remaining down in July, restaurant operators reported low customer traffic levels for the 23rd consecutive month. Capital spending continued at a steady level in recent months, and 40 percent of operators said they made a capital expenditure for equipment, expansion or remodeling during the past three months.
 
The RPI is released on the last business day of each month, and more detailed data and analysis can be found on Restaurant TrendMapper’s Web site, www.restaurant.org/trendmapper

 Did you enjoy this article? Click here to subscribe to Beverage Industry.  

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

International Pineapple Day at Bahama Breeze

In celebration of International Pineapple Day on April 2, Bahama Breeze locations across the country invited the media and consumers to celebrate with cocktails that feature the tropical flavor of the pineapple. (Photos by Liz Parker and Jennifer Haderspeck)

10/10/13 2:00 pm EDT

Ditch the weighting agents: A cost effective solution for delivering flavors and actives

Available On Demand Learn how to reduce costs and energy use by enabling high oil load emulsions, eliminating the need for weighting agents like brominated vegetable oil (BVO).

THE MAGAZINE

Beverage Industry Magazine

BI April 2014 cover

2014 April

The April 2014 Beverage Industry includes a cover story on moonshine, as well as articles about CSD brands, whiskey, and more. Check it out today!

Table Of Contents Subscribe

Beverage Insider eNewsletter

Are you an Insider? Subscribe to Beverage Industry’s weekly e-newsletter to receive news headlines, new product information and magazine highlights.   

Spirits Segments

Which spirits segment will perform the best in 2014?
View Results Poll Archive

THE BEVERAGE INDUSTRY STORE

cleaning-in-place-dairy-foo.gif
Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

More Products

Webinars

Beverage Industry Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!

STAY CONNECTED

facebook40 twitter    youtubelinked