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 April 29, 2016)
Although same-store sales and customer traffic results were mixed, the RPI remained in the expansion zone in March. The RPI stood at 100.7 in March, down 1.4 percent from February’s Leap-Year-bolstered level of 102.1.
The Current Situation Index stood at 100.2 in March – down 2.6 percent from February when readings were buoyed by the extra day as a result of Leap Year. Despite the decline, it remained above 100.
The Expectations Index stood at 101.2 in March – down 0.2 percent from a level of 101.4 in February. Despite the dip, the index continues to indicate a generally positive outlook for business conditions in the coming months.
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 February 2016
RPI January 2016
RPI December 2015