Restaurant operators reported positive same-store sales for the eighth consecutive month.
The National Restaurant 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 101.3 in January, down from December's strong level of 102.2. Despite the decline, January represented the third consecutive month that the RPI stood at more than 100, which signifies expansion in the index of key industry indicators.
The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 100.6 in January — down 1.5 percent from December. Despite the drop, this marked the third consecutive month the Current Situation Index exceeded 100.
Key data points from the January 2012 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 102.1 in January — essentially unchanged from December's level of 102.3. In addition, January marked the fifth consecutive month that the Expectations Index exceeded 100.
Key data points from the January 2012 Expectations Index include:
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