Restaurant Performance Index (RPI)
Definition
A monthly composite index that tracks the overall health of the restaurant industry based on the results of a survey conducted by the National Restaurant Association. The RPI is comprised of the Current Situation Index which measures current activities in sales, traffic, labor and expenditures, and the Expectations Index which is based on forward looking indicators such as hiring, sales outlook, expenditure plans, and general business outlook.
Related Articles
- Yield, Duration and Ratings of Bonds *
- The Difference between Financial Advisors and Financial Analysts *
- Self-Employed Retirement Plans: Which Is Right for You? *
- Understanding the True Cost of Credit Cards *
- Tips for Test Driving a Car *
- Analysts and Earnings Estimates *
- Consider Taxes When Picking Mutual Funds *
- Real Estate as an Investment *
Related Videos
http://www.businessdictionary.com/definition/Restaurant-Performance-Index-RPI.html
