• Home
    Home We Serve America's Restaurants Representing nearly 500,000 restaurant businesses, we advocate for restaurant and foodservice industry interests and provide tools and systems that help members of all sizes achieve success.
  • Foundation
    Foundation Building & Retaining Talent The NRAEF is focused on developing a stronger workforce and building the next generation of industry leaders through education, scholarships and community engagement.
  • Show 2018
    Show 2018 May 19-22, 2018 As the international foodservice marketplace, the National Restaurant Association Show provides unparalleled opportunities for buyers and sellers to come together, conduct business and learn from each other.
  • ServSafe
    ServSafe Minimize Risk. Maximize Protection. For over 40 years, ServSafe® training programs have delivered the knowledge, leadership and protection that have earned the trust and confidence of business leaders everywhere.

National Restaurant Association - Dampened outlook causes RPI slip

Skip to navigation Skip to content

News & Research

Email Print
News RSS

Dampened outlook causes RPI slip

As a result of a somewhat dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) declined for the second consecutive month in June. 

The RPI stood at 102.0, down 0.4 percent from May and its lowest level in nine months. Despite the decline, June represented the 28th consecutive month in which the RPI stood above 100, which signifies continued expansion in the index of key industry indicators.

“Although same-store sales and customer traffic levels remained positive in June, the overall RPI declined as a result of dampened optimism among restaurant operators,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association. 

“The proportion of restaurant operators expecting sales growth fell to its lowest level in nine months, while operators’ outlook for the economy turned negative for the first time in nearly two years,” he said.

The RPI consists of two components – the Current Situation Index (measuring current trends) and the Expectations Index (measuring restaurant operators' six-month outlook) – and tracks the health of and outlook for the U.S. restaurant industry.

The Current Situation Index stood at 102.5 in June – essentially unchanged from a level of 102.6 in May. In addition, the Current Situation Index stood above 100 for the 16th consecutive month.

A majority of restaurant operators reported higher same-store sales for the 16th consecutive month, as June’s results were similar to the May performance.  Operators also reported similar customer traffic results in May and June. Capital spending also remained at elevated levels.

The Expectations Index stood at 101.5 in June – down 0.6 percent from May and the lowest level in nine months.  Despite the decline, June represented the 32nd consecutive month in which the Expectations Index stood above 100, which indicates restaurant operators remain generally positive about business conditions in the coming months.

However, restaurant operators’ outlook for the overall economy turned negative for the first time in nearly two years, as only 17 percent of restaurant operators said they expect economic conditions to improve in six months, down from 30 percent last month. Still, 59 percent of restaurant operators plan to make a capital expenditure for equipment, expansion or remodeling in the next six months.

More details are available at Restaurant.org/RPI and the revamped Restaurant TrendMapper (subscription required).

Conserve RSS Healthcare RSS Conserve RSS

▲ Back to Top

New report

Spot Ad right

We're glad you're here!®

® 2012-2017 National Restaurant Association. All rights reserved.

2055 L St. NW, Suite 700, Washington, DC 20036
(202) 331-5900 | (800) 424-5156