NRA Performance Index Began To Recover in May, But Has Long Climb From April Low; Cap-Ex Trends Mixed

The National Restaurant Assn.’s Restaurant Performance Index fell to the lowest levels in the tracking study’s 18-year history in March and April. In the survey of May indicators, conducted in June, the RPI recovered some, rising 1.9 points to 96.8. The index and all its components are designed so that any reading below 100 is…