NRA’s Restaurant Industry Performance Index at a 27 Month High

NRA’s Restaurant Industry Performance Index at a 27 Month High
In February 2010, The National Restaurant Association’s Restaurant Performance Index (RPI), a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry rose to its strongest level since November 2007. The “RPI’s” strong gain in February was the result of broad based improvements among the forward-looking indicators.  Restaurant operators’ optimism for sales growth stood at its strongest level in 29 months, with capital spending plans also rising to a two-year high. The Restaurant Performance Index is based on the responses to the Association’s Restaurant Industry Tracking Survey, which is fielded monthly among restaurant operators nationwide.
(Source: NRA)

Note From Jonathan:

I am a very avid reader especially when it comes to our industry.  I have heard nothing but good news as of late from everything on Job market growth and consumer spending.  I can personally attest that my businesses are all experiencing growth as well as increases in hiring to keep up with guest demand on both the restaurant side and the catering side.  It is our job as business owners to share our positive thoughts and experiences to further help our recovery.

Leave a comment and let me know how you are doing.

Thanks

Jonathan Munsell
Founder & Creator
Restaurant Success Monthly
Restaurant Success System

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