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Restaurant operators somewhat optimistic according to NRN

From Nation’s Restaurant News:

“Restaurant operators’ outlook improves

by Paul Frumpkin

WASHINGTON (Nov. 30, 2009) While customer traffic remained sluggish during the month of October, restaurateurs tended to be more hopeful about their prospects for the future, according to the latest monthly operator survey from the National Restaurant Association.

The NRA’s Restaurant Performance Index, or RPI, posted its first gain in three months, registering 98.0 for the month, an increase of 0.5 percent over its September level of 97.5. Based on a 100-point scale, the RPI is a monthly composite that tracks the health and outlook of the U.S. foodservice industry by monitoring sales, traffic, labor and capital expenditures.

Despite the uptick, though, the index remained below the 100 mark Ñ which reflects contraction of key industry indicators — for the 24th consecutive month”.

Read the rest of the article here:

http://www.nrn.com/breakingNews.aspx?id=376424

 

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