NRA’s RPI Falls, But Outlook Is More Upbeat

The National Restaurant Association’s Restaurant Performance Index declined 0.4 point in January to 101.2, still well above the 100 level that separates expansion from contraction. The Current Situation Index fell 1.1 points to 100.7, as same-store sales, traffic and the labor indexes all dropped. The Expectations Index, however, rose 0.8 point to 101.7, on strong…