Same-store sales remained positive despite lower customer traffic levels; restaurant operators are generally optimistic about future business conditions.
The National Restaurant Association's Restaurant Performance Index (RPI) registered a moderate decline of 0.6 percent in December to 100.5. Despite the softer December results, the study shows that restaurant operators remain generally optimistic about business conditions in the months ahead.
The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 99.5 in December, down 1.7 percent from November. Key findings from the Current Situation Index include:
The Expectations Index, which measures restaurant operators' six-month outlook for four industry indicators (same-store sales, employees, capital expenditures and business conditions), stood at 101.5 in December, up 0.4 percent from a level of 101.1 in November. Key data points from the Expectations Index include: