Reprise: NRA’s RPI Rose Moderately In July, Still Deep In Recession; Cap-Ex Measures Improved

The National Restaurant Assn.’s Restaurant Performance Index has been creeping back from the bottom it hit in April. The index rose another 0.7 points in July (the survey was conducted during August). Seven of the RPI’s eight components remain in contraction territory, signaled by any reading below 100. And the operators’ outlook remains very cautious….