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 February 28, 2017)
Due to large part to weaker results among the current situation indicators, the RPI registered a moderate decline in January. The RPI stood at 100.1 in January, down 0.4 percent from a level of 100.5 in December.
The Current Situation Index stood at 98.6 in January, down 0.9 percent. January represented the fourth consecutive month in which the Current Situation Index stood below 100, as same-store sales and customer traffic levels remained soft.
The Expectations Index stood at 101.6 in December, unchanged from the previous month. Each of the four expectations indicators stood above 100 for the fourth consecutive month, which represents a level of stability that hasn't been seen since the first half of 2015.
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.