The restaurant industry posted it’s gain in RPI in 3 months in July at 102.7. This was the 29th consecutive month that the index stood above 100.
The Current Situation Index saw the largest gain since December 2014 posting a 103.7. This marks the 17th consecutive month above 100 signaling expansion in the market.
July represented the 33rd consecutive month above 100 for the Expectations Index clocking in at 101.7. This tells us that operators are generally optimistic about the months ahead.
Here’s a video summary of the Restaurant Performance Index report: