NRA’s RPI Fell A Half-Point In July But Cap-Ex Indicators Signal Continuing E&S Market Strength

The National Restaurant Assn.’s Restaurant Performance Index fell in July (the survey is conducted in August), off half a point to 101.3, still in expansion territory (any reading of more than 100 indicates expansion). The drop was generated by sharp declines in the indicators for current same-store sales and traffic, and a fall in that…