“The August gain in the RPI was fueled by stronger same-store sales and customer traffic results, aided by continued improving economic conditions.”
Senior vice president of Research and Knowledge
National Restaurant Association
The Restaurant Performance Index (RPI) is a monthly composite index based on the National Restaurant Association's Restaurant Industry Tracking Survey of restaurant operators throughout the U.S. It utilizes two components, the Current Situation Index and the Expectations Index, to track the health of and the outlook for the U.S. restaurant industry.
The latest RPI (reporting the month of August) was just release September 30th with some promising points. Here's what you should know:
• Overall RPI at 101.9, up 1%
• 100+ signifies key industry indicators are in a period of expansion
• Index has now stood above 100 for 18 consecutive months
• Sixty-two percent of operators reported same-store sales gain between August 2013 and
• Forty-five percent of operators reported an increase in customer traffic between August 2013
and August 2014
• Fifty-nine percent of operators said they made a capital expenditure for equipment, expansion
or remodeling during the last three months
Watch the video below for a summary and get more details on the latest RPI here.