NRA Performance Index Dropped Another 1.3 Point, Six-Month Cap-Ex Plans Fell Back Into Contraction

The National Restaurant Assn.’s Restaurant Performance Index was consistently negative for July, falling 1.3 point to 97.7. It was the lowest measure of the RPI since November 2020 during the second wave of the pandemic. The number is at a low point seen only during the pandemic and the Great Recession in early 2009. NRA…