Fifty percent of operators plan to make a capital expenditure in the next six months, the survey reports.
The National Restaurant Association's Restaurant Performance Index (RPI) declined to 99.7 in December, down 0.2 percent from the previous month. This was the third consecutive month the RPI stood at less than 100, which indicates contraction in the index of key foodservice industry economic indicators.
"Although restaurant operators reported softer same-store sales and customer traffic levels in December, they are cautiously optimistic about sales growth in the months ahead," said Hudson Riehle, senior vice president of the Research and Knowledge Group for the National Restaurant Association.
The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 99.1 in December — down 0.7 percent from November and the lowest level in nearly two years. December represented the fourth consecutive month in which the Current Situation Index stood at less than 100. Key data points from the Current Situation Index include:
The Expectations Index stood at 100.3 in December — up 0.3 percent from November. Key data points from the Expectations Index include:
2012 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.