WASHINGTON—Driven by improvements in business performance and expectations for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI) stood at 98.7 in December 2009, up 0.9 percent from November and its strongest level in nearly two years.
“Although restaurant operators continued to report a net decline in same-store sales and customer traffic, both registered their strongest performances since the summer of 2008. Along with a solid improvement among the current situation indicators, restaurant operators are increasingly optimistic about industry growth in the months ahead. More than a third of restaurant operators expect to their sales to improve in six months, the highest level in more than two years,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the National Restaurant Association.
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