As a result of softer sales and traffic levels and restaurant operators’ dampened outlook for the economy, the Restaurant Performance Index declined for the fourth consecutive month.
Due in large part to restaurant operators' dampened outlook for sales growth and the economy, the National Restaurant Association's Restaurant Performance Index fell sharply in October.
Bolstered by stronger same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) stood above 100 for the eighth consecutive month in June.
The RPI - a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry - stood at 101.4 in May, down 0.2 percent from April's level of 101.6.
The outlook for the restaurant industry remained positive for the coming months, as the National Restaurant Association's Restaurant Performance Index (RPI) stood well above 100 in April.