The NRA's Restaurant Performance Index stood at 101.8 in June, its 36th consecutive month above 100, which represents expansion in its composite index of eight key industry indicators.
"The June increase in the Restaurant Performance Index was driven by broad-based gains in the current situation indicators," said Hudson Riehle, senior vice president of Research and Information Services for the Association. "Each of the four current situation indicators posted improvements in June, led by solid same-store sales and traffic performances. In addition, operators overall remain optimistic about sales and the economy, which bodes well for continued growth in the second half of 2006."
The NRA said growth in the Restaurant Performance Index was fueled by a moderate gain in the Current Situation Index in June. The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 101.4 in June