Forty-four percent of foodservice operators say they made a capital expenditure for equipment, expansion or remodeling during the past three months.
The National Restaurant Association's Restaurant Performance Index (RPI) reached 101.6 in April, marking the sixth consecutive month it exceeded 100 thus signaling industry expansion among this collection of economic indicators.
The Index consists of two components – the Current Situation Index and the Expectations Index. The Current Situation Index, which measures current trends in four industry indicators: (same-store sales, traffic, labor and capital expenditures), stood at 101.0 in April – down 1.0 percent from a level of 102.0 in March.
Here are some key data points from the Current Situation Index:
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 102.2 in April, the eighth consecutive month in excess of 100.
Key data points from the Expectations Index include:
2012 Best In Class Winners
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