Optimism about the year ahead drove a modest gain in January’s Restaurant Performance Index, or RPI, despite traffic declines likely caused by bad winter weather, the National Restaurant Association said Friday. The RPI, a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry, stood at 100.7 in January, a 0.2-percent increase from December’s rate of 100.5. It was the 11th consecutive month the index remained above 100, signifying ...
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