NRA’s Performance Index Backtracks As Current Sales And Traffic Decline; Cap-Ex Measures Remain Elevated

The National Restaurant Assn.’s Restaurant Performance Index fell back to 100.5, a 0.8 point decline, in August as the indicators for Current Situation same-store sales, traffic and labor trends fell sharply. All three fell back below the 100 level that separates expansion from contraction. The sales comp indicator, which compares August 2023 with August 2022…