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Fairfield County Business Journal
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Restaurant industry outlook remains positive despite high energy prices.
Publication:
Fairfield County Business Journal
Publication Date: 24-OCT-05 |
Format: Online Delivery: Immediate Online Access |
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Full Article Title: Restaurant industry outlook remains positive despite high energy prices.(Industry Overview) |
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Article Excerpt Despite the sharp rise in gas and energy prices, the outlook for the restaurant industry remains positive. The National Restaurant Association's Restaurant Performance Index, a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry, stood at 101.7 in July, down 0.4 percent from a record level of 102 in June. However, July represented the 27th consecutive month above 100, which represents expansion in the association's composite index of eight key industry indicators.
"Although the Restaurant Performance Index registered a modest decline in July, the underlying indicators remained in a positive position,"...
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