National Restaurant Association’s Restaurant Performance Index indicates pessimistic industry outlook
A pervasive sense of pessimism dominated the foodservice community in August, pushing the National Restaurant Association’s Restaurant Performance Index to its lowest level in 13 months. Impacted by softer sales and declining traffic, the RPI fell to 99.4 in August, a decrease of 0.3 percent from its July level. This marks the second consecutive month the RPI was below 100, indicating contraction in key foodservice industry indicators, NRA officials said. “The August decline in ...
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