Capital Spending Indicators Surged In August NRA RPI Survey As Rest Of Indicators Remained Soft

At least the capital spending indicators surged. The two indicators that showed the most improvement in August’s National Restaurant Assn. Restaurant Performance Index were those tracking capital spending activity during the past three months (up 2.4 points to 102.4) and planned activity for the next six months (up 2.2 points to 101.9). The other six…