Good News: The NRA’s Performance Index Didn’t Get Much Worse in April; Cap-Ex Measures Mixed

The National Restaurant Assn.’s Restaurant Performance Index was essentially flat in May—it did drop a tenth-point—after its historic, record decline in March. The full index stood at 94.9 in April, down from 95 in March. The March reading was not only the index’s most precipitous one-month drop, it was also the lowest reading in the…