WASHINGTON Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
The RPI rose to 100.5 in March, an increase of 1.4 percent from February and the first time in 29 months the index crested above the 100 mark, which signifies industry expansion. Operators’ expectations for the next six months also rose above the 100 point, to its highest level in nearly three years, the NRA said.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
“Restaurant operators are increasingly optimistic about growth in sales and staffing levels in the months ahead, while their outlook for the economy soared to its strongest level in five years,” said Hudson Riehle, the NRA’s senior vice president, research and knowledge group.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
The Current Situation Index, which measures current trends in same-store sales, traffic, labor and capital expenditures, was 99.0 in March, an increase of 2.4 percent over February’s level of 96.7. The NRA said that while same-store sales and traffic indicators were in the plus column in March, labor and capital expenditures continued to lag, which contributed to the Current Situation Index’s score of less than 100.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
About 43 percent of operators reported a net increase in same-store sales between March 2009 and March 2010, an increase from the 28 percent of operators who said sales had risen in February. Only 36 percent of restaurateurs said same-store sales declined in March, compared to 57 percent who reported negative sales in February.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
In addition, foodservice operators said they saw an increase in customer traffic in March, the first time that indicator has been positive in 31 months. The NRA said 41 percent of operators reported a rise in customer traffic between March 2009 and March 2010, up from 25 percent who said customer traffic was higher in February.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
The NRA also said restaurateurs reported a moderate increase in capital spending for the month of March, with 36 percent of operators saying they made a capital expenditure for equipment, expansion or remodeling during the last three months. That figure is up from 30 percent in February.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
The Expectations Index, which measures restaurant operators’ six-month outlook for same-store sales, employees, capital expenditures and business conditions, was 101.9 in March, up 0.5 percent from February. That rise marks the highest level in nearly three years.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
The RPI, which is based on responses to the NRA’s Restaurant Industry Tracking Survey, gauges the health and outlook of the foodservice industry on a monthly basis through such indicators as traffic, labor and capital expenditure.Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Contact Paul Frumkin at [email protected]. Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
Restaurant operators were decidedly upbeat in March about their future prospects, which helped to drive the National Restaurant Association’s monthly Restaurant Performance Index to its strongest point since September 2007.
