F&B Market Woes..c
From the Restaurant Association:
1. Newswire – Restaurant Performance Index Declined for the Fourth
Consecutive Month in December
- Operators reported negative same-store sales and traffic; Economy is a
growing concern. Restaurant industry performance continued to soften in
December, as the National Restaurant Association’s comprehensive index
of restaurant activity declined for the fourth consecutive month. The
Association’s Restaurant Performance Index (RPI) – a monthly composite
index that tracks the health of and outlook for the U.S. restaurant
industry – stood at 98.7 in December, down 0.3 percent from November and
its lowest level since February 2003.
