December Restaurant Performance Index Rose to Highest Level in Nearly Two Years
Source: National Restaurant Association
Driven by improvements in both business performance and expectations for future business conditions, the National Restaurant Association’s comprehensive index of restaurant activity rose to its highest level in 22 months in December. The Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 98.7 in December, up 0.9 percent from November and its strongest level in nearly two years.
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Driven by improvements in both business performance and expectations for future business conditions, the National Restaurant Association’s comprehensive index of restaurant activity rose to its highest level in 22 months in December. The Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 98.7 in December, up 0.9 percent from November and its strongest level in nearly two years.
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