NRA’s Restaurant Performance Index Rebounds

Good news for operators and those who sell to them. After the sharp drop of 1.8 points in April, the NRA’s Restaurant Performance Index gained back 1.5 points in May, ending at a healthy 101.6.

And after April saw half of the index’s eight components in contraction, all were improved in May and standing in positive territory. Strong gains in current same-store sales, traffic and capital spending drove the four-component Current Situation Index 1.8 points higher to 101.5 in May while the Expectations Index rose 1.1 points to 101.7.

More good news on capital spending, too. Both indicators tracking cap-ex outlays rose in May. Operators’ cap-ex spending during the past three months rose 1.5 points, as 61% of those responding said they made a buy. It was the highest percentage in six months. The marker tracking cap-ex spending over the next six months rose 0.3 point, with 56% of operators expecting to spend for equipment, expansion or remodeling.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Singer Reorganizes Contract Business Leadership

New executive vice president, contracts previously held the role of president of Singer Ashland.

Read More...

In Memoriam: 4 Star Reps’ Andy Bachovin Passes

Longtime MAFSI member and former board member Andy Bachovin of 4 Star Reps passed away on Jan. 18.

Read More...
Chris Baichoo of Perlick

New Appointments and Retirements at Perlick and TriMark

Chris Baichoo will become chief sales officer at Perlick as Jim Koelbl retires—plus TriMark's Kim Gill Rimsza to depart in February.

Read More...