Industry Outlook Softened in June as the
Restaurant Performance Index Declined
for the Third Consecutive Month
As a result of a dampened outlook among restaurant
operators, the National Restaurant Association’s
comprehensive index of restaurant activity declined for the
third consecutive month in June. The Association’s
Restaurant Performance Index (RPI) – a monthly composite
index that tracks the health of and outlook for the U.S.
restaurant industry – stood at 99.5 in June, down 0.3 percent
from May and the lowest index level since February.
(more at link)
Generally the soft "eating out" sales would be bad news for dairy but, there is talk about a large increase in frozen pizza sales for home consumption.
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