National Economic Trends [July 02, 2009]
U.S. Economy Shed 467,000 Jobs in June; 18th Consecutive Decline
After four consecutive months of decelerating employment declines, job losses intensified in June. The national economy shed 467,000 jobs in June on a seasonally-adjusted basis, after posting a decline of 322,000 jobs in May... More »
Restaurant Employment Trends [July 02, 2009]
Eating and Drinking Places Added 21,000 Jobs in the 2nd Quarter
In contrast to the trends in the overall economy, the restaurant industry added jobs in recent months, according to preliminary figures from the Bureau of Labor Statistics. Eating and drinking places – the primary component of the restaurant industry which accounts for roughly three-fourths of the total restaurant and foodservice workforce – added 21,000 jobs in the second quarter on a seasonally-adjusted basis... More »
Restaurant Performance Index [June 30, 2009]
Restaurant Industry Outlook Softened Somewhat as the Restaurant Performance Index Declined 0.3 Percent in May
The outlook for the restaurant industry was dampened somewhat in May, as the National Restaurant Association’s comprehensive index of restaurant activity registered its first decline in five months. The Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S... More »
Restaurant Performance Index [June 30, 2009]
RPI’s Current Situation Index Remained Below 100 for the 21st Consecutive Month in May; Expectations Index Declined After Brief Stint Above 100
The RPI’s Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 96.9 in May – down 0.1 percent from April... More »
Menu & Consumer Prices [June 17, 2009]
Menu Prices Edged Up 0.3 Percent in May; Grocery Store Prices Fell Sharply for the Sixth Consecutive Month
Menu prices grew at a modest pace in May, according to data from the Bureau of Labor Statistics. Menu prices edged up 0.1 percent in May on a seasonally-adjusted basis, after gaining 0.3 percent in April... More »
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