Published March 6, 2015

Restaurant operators are optimistic over industry growth

The National Restaurant Association’s Restaurant Performance Index has been holding steady above 100 for 23 straight months as of January due to higher same-store sales and traffic, which has the industry optimistic for the future.

Over 50 percent of restaurants have made capital expenditures for remodeling, expansion, and equipment over the last three months, and the six-month outlook looks good.

Restaurant operators are still concerned about the growth of the overall economy, with the majority expecting economic conditions to remain the same in six months.

Read the full article here: Restaurant Performance Index Remained Elevated in January
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