Restaurant Trends - Growing And Emerging Concepts - Change and Activity June 21, 2016
Update from Restaurantchains.net on growing and emerging restaurant concepts
Despite the uptick in restaurant sales in April and May, operators outlook for future business conditions softened somewhat in recent months, according to the NRAs Chief Economist Bruce Grindy.
Fueled by stronger same-store sales and customer traffic results, the National Restaurant Associations Restaurant Performance Index (RPI) registered a moderate gain in April. The RPI stood at 101.6 in April, up 0.9 percent from March.