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January 6, 2014
Capital Spending Measures In NRA’s Performance Index Reach Highest Levels In More Than Five Years
Perhaps it was the avoidance of the fiscal cliff, but something cheered up restaurant operators responding to the January survey for the National Restaurant Association’s Restaurant Performance Index. Seven of the eight RPI indicators were up during the month, pushing the overall index nearly a point higher to 100.6. It was the first month the…
January 6, 2014
NRA’s Performance Index Pops Back Into The Black
Buoyed by strong improvements in same-store sales and traffic in March, the National Restaurant Association’s Restaurant Performance Index moved back in positive territory in the March report, released April 30. The overall Index stood at 100.6, after dipping just below the 100 level that separates expansion from contraction in February. The Index now has been…
January 6, 2014
MAFSI Unveils Expanded Business Barometer Report
The quarterly Business Barometer maintained by the Manufacturers’ Agents Association for the Foodservice Industry has been expanded to detail the sales trends of six new equipment categories, subcategories under the Barometer’s existing equipment sales indicator. The six new subcategories include primary cooking equipment, refrigeration and ice machines, storage and handling equipment, serving equipment, food preparation…
January 6, 2014
Other Economic News Of Note
Wholesale food prices fell in July, the first decline in three months, according to data from the Bureau of Labor Statistics’ Producer Price Index. The National Restaurant Association’s composite wholesale food index, based on the PPI, fell 0.2% from June, following increases of 1% in May and 0.4% in June, versus the prior months. For…
January 6, 2014
Expectations Fall, But NRA’s Performance Index Remains Positive
All four expectations indicators in the National Restaurant Association’s Restaurant Performance Index were down sharply in the August survey, including plans for capital spending. Still, gains in current same-store sales and traffic kept the decline of the overall RPI to just 0.2 point, to100.5. Any reading above 100 indicates expansion. The index has now been…
January 6, 2014
Economic Growth Should Accelerate In Most Economies In 2014
The pace of economic growth should pick up in most of the world’s economies next year, according to the latest consensus forecasts from 50 major U.S.-based economic forecasting groups polled by Blue Chip Economic Indicators. Growth of real gross domestic product is expected to speed up as much as a full point or more in…
January 6, 2014
States Face Environmental, Wage and Healthcare Issues
Only a month into 2013, and state legislatures and state restaurant associations are wrestling with some major issues. Minimum-wage increases, paid sick leave and environmental issues are just a few of the legislative issues being addressed in California and Pennsylvania. In California, legislation has been introduced that would raise the state’s minimum wage to $9.25…
January 6, 2014
NRA Show Hosts Health Care Knowledge Center
Operators with questions or concerns about how the Affordable Care Act will affect their businesses should head to the Health Care Knowledge Center at this month’s 2013 National Restaurant Association Restaurant, Hotel-Motel Show. Booth #6520 will be staffed by independent, restaurant-focused healthcare consultants and employee benefit experts who can meet one-on-one with operators to discuss…
January 6, 2014
NAFEM HQ To Hold CFSP Overview & Exam
With the Certified Foodservice Professional exam no longer being offered at the NAFEM or NRA shows, industry personnel should take advantage of an opportunity next month in Chicago. Each August, NAFEM headquarters in Chicago hosts an in-person Equipment & Supplies Overview Seminar. This year’s seminar is Wed., Aug. 14, from 8 a.m.-5 p.m. CST. Participants…
January 6, 2014
Four-Month Steak ‘n Shake Saga Ends
Two Denver-area Steak `n Shake stores at the center of a menu-pricing battle between corporate headquarters and three franchisees seems to have concluded. The stores are now closed, but the Indianapolis chain plans to re-open them as company-owned stores. The closings came not long after a bond was filed in federal court that put into…
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