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 March 31, 2014)
Although challenging weather conditions in many parts of the country continued to impact customer traffic in February, the RPI remained above 100 for the 12th consecutive month. The RPI stood at 100.5 in February, down 0.2 percent from January’s level of 100.7.
The Current Situation Index stood at 99.3 in January, down 0.2 percent from January, and the third consecutive month below 100. Although restaurant operators reported net positive same-store sales in February, continued softness in the customer traffic and labor indicators outweighed the performance.
The Expectations Index stood at 101.7, down 0.1 percent from January. Despite the modest downtick, February represented the 16th consecutive month above 100, which indicates that restaurant operators remain optimistic about business conditions in the coming months.
Latest RPI Report Latest RPI News Release
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 January 2014
RPI December 2013
RPI November 2013
RPI October 2013
RPI September 2013
RPI August 2013
RPI July 2013
RPI June 2013
RPI May 2013
RPI April 2013
RPI March 2013
RPI February 2013
RPI January 2013