Daily
This dataset tracks daily over time.
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
2/1/1960 - 9/30/2022
Summary
The Daily National Restaurant Association Restaurant Performance Index (RPI) is a monthly composite index that tracks the health of the U.S. restaurant industry, measuring current sales and future outlook.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The RPI is a key economic indicator for the restaurant industry, providing insights into consumer demand, business operations, and industry sentiment. It is widely used by policymakers, industry analysts, and restaurant operators to gauge industry performance.
Methodology
The index is calculated based on a monthly survey of restaurant operators across the United States.
Historical Context
The RPI is closely monitored by the Federal Reserve and other economic policymakers to assess the state of the broader economy.
Key Facts
- The RPI ranges from 0 to 100, with scores above 100 indicating expansion.
- The index tracks both current conditions and future expectations for the restaurant industry.
- It is released on the last business day of each month.
FAQs
Q: What does this economic trend measure?
A: The Daily National Restaurant Association Restaurant Performance Index (RPI) is a composite index that tracks the overall health and performance of the U.S. restaurant industry.
Q: Why is this trend relevant for users or analysts?
A: The RPI is a key indicator of consumer spending patterns and business sentiment in the restaurant sector, providing valuable insights for policymakers, industry analysts, and restaurant operators.
Q: How is this data collected or calculated?
A: The index is calculated based on a monthly survey of restaurant operators across the United States.
Q: How is this trend used in economic policy?
A: The RPI is closely monitored by the Federal Reserve and other economic policymakers to assess the state of the broader economy, as the restaurant industry is a significant driver of consumer spending.
Q: Are there update delays or limitations?
A: The RPI is released on the last business day of each month, providing timely data on the restaurant industry's performance.
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Citation
U.S. Federal Reserve, National Restaurant Association Restaurant Performance Index (NORRECDP), retrieved from FRED.