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NRA’s RPI Looks OK, Until You See The Cap-Ex Indicators

Written by The Ashton Report

The National Restaurant Association’s Restaurant Performance Index was a tad over flat in the October survey, ticking up to 101.2 from 101.1 in September. Nearly all the gain came on upward spikes of the sub-indexes that track current same-store sales and traffic and anticipated same-store sales. Any component reading above 100 signals expansion. But the…

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The Ashton Report