The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 100.3 in April – up slightly from a March level of 100.2. In addition, the Current Situation Index stood above 100 for the 2nd consecutive month, which signifies expansion in the current situation indicators (see chart above).
The Expectations Index, which measures restaurant operators’ six-month outlook for four industry indicators (same-store sales, employees, capital expenditures and business conditions), stood at 101.5 in April – down from a level of 101.7 in March. The Expectations Index stood above the 100 level for the 9th consecutive month, which signifies expansion in the forward-looking indicators (see chart above)."
MP: At 100.3, the Current Situation Index in April was at the highest level since July 2007, almost four years ago. It's also the first time since the summer of 2007 that the Current Situation Index has remained above the benchmark 100 level, which signals expansion of restaurant activity.
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→Restaurant Current Situation Index Reaches 100.3 in April, The Highest Level in April Since July 2007
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