NRA’s Performance Index Falls Into Contraction Territory For First Time Since January 2021

The National Restaurant Assn.’s Restaurant Performance Index fell 1.3 points in May, dropping to 99.6, below the 100 point that separates expansion from contraction for the first time January 2021. Six of the index’s eight components fell in May, several precipitously. But only three of the eight currently rest below 100, appearing to indicate that…