Dec. Restaurant Performance Index Back to Pre- Recession Level: Recovery is Gaining Firm Foothold
The RPI’s solid gain in December was driven by improvements in each of the eight current situation and forward-looking indicators. Overall, the RPI stood above 100 for the third time in the last four months, which suggests that the recovery is gaining a firm foothold."
MP: The Expectations Index reached 102.4, the highest level for that indicator of future restaurant performance since March 2007, almost four years ago. Expect 2011 to be a very good year for restaurants.