Thursday, September 3, 2009

Restaurants Improve in July

A recent survey by the National Restaurant Association revealed a marginal improvement in the Restaurant Performance Index (RPI) for the month of July 2009. The index rose 0.3% to 98.1 from June.

The index has remained below 100 for 21 consecutive months. An index of more than 100 would indicate that the restaurant industry is in an expansion phase, whereas below 100 would indicate that the industry is scaling back its development plans and is in contraction.

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