The National Restaurant Association's Restaurant Performance Index (RPI) is a monthly composite index that tracks the health of and the outlook for the U.S. restaurant industry. Launched in 2002, the RPI is released on the last business day of each month.
Latest RPI (released October 31, 2016)
Driven by an overall increase in operators' current situation, the RPI advanced in September. The RPI stood at 100.8, up 1.2 percent from August. The gain was aided by gains in the current situation indicators, while the forward-looking indicators were somewhat muted.
The Current Situation Index stood at 101.0 in September, up 2.5 percent from August and the highest level since April.
The Expectations Index stood at 100.6 in September, unchanged from August. Although it remained in expansion territory, it was below 101 for the fourth consecutive month – the first such occurrence since 2012.
The RPI is measured in relation to a steady-state level of 100. Index values above 100 indicate that key industry indicators are in a period of expansion, while index values below 100 represent a period of contraction for key industry indicators. The Index consists of two components – the Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), and the Expectations Index, which measures restaurant operators’ six-month outlook for four industry indicators (same-store sales, employees, capital expenditures and business conditions).
The RPI is based on the responses to the National Restaurant Association’s Restaurant Industry Tracking Survey, which is fielded monthly among more than 400 restaurant operators nationwide on a variety of indicators including sales, traffic, labor and capital expenditures. Restaurant operators interested in participating in the tracking survey, contact Bruce Grindy.
RPI Archive (for more detailed analysis and aggregated RPI and Industry Tracking Survey data, see Restaurant TrendMapper)
RPI August 2016
RPI July 2016
RPI June 2016