Restaurant Performance Index Declined in November
The National Restaurant Association's Restaurant Performance Index (RPI) is a monthly composite index that tracks the health of and the outlook for the U.S. restaurant industry. Launched in 2002, the RPI is released on the last business day of each month.
As a result of softer same-store sales and customer traffic levels, the RPI declined in November. The RPI stood at 101.3 in November, down 0.7 percent from October’s level of 102.1. November also represented the 33rd consecutive month in which the RPI stood above 100, which signifies expansion.
The Current Situation Index stood at 100.9 in November, down 1.5 percent from a level of 102.5 in October, but remaining above 100 for the 21st consecutive month.
The Expectations Index stood at 101.7 in November – up slightly from a level of 101.6 in October. Overall, Novemner was the 36th consecutive month in which the Expectations Index stood above 100, which indicates restaurant operators remain generally positive about business conditions in the months ahead.
As a result of softer same-store sales and customer traffic levels, the RPI declined in November. The RPI stood at 101.3 in November, down 0.7 percent from October’s level of 102.1. November also represented the 33rd consecutive month in which the RPI stood above 100, which signifies expansion.
The Current Situation Index stood at 100.9 in November, down 1.5 percent from a level of 102.5 in October, but remaining above 100 for the 21st consecutive month.
The Expectations Index stood at 101.7 in November – up slightly from a level of 101.6 in October. Overall, Novemner was the 36th consecutive month in which the Expectations Index stood above 100, which indicates restaurant operators remain generally positive about business conditions in the months ahead.