Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry. The RPI is based on the responses to the National Restaurant Association’s Restaurant Industry Tracking Survey, which is fielded monthly among restaurant operators nationwide on a variety of indicators including sales, traffic, labor and capital expenditures.
I can't help myself but draw a correlation between the RPI and S&P 500. The S&P came out of the 2002-2003 triple bottom during the PRI crossover from contraction to expansion. The S&P peaked during the crossover from expansion to contraction in 2007. Is the RPI becoming the new leading indicator of the US stock market? 
edited on 10 Dec 2010: the link of the restaurant.org is updated. And I'm going to check out the recent trend and see if we see something more interesting coming out of this. :>
Thursday, October 01, 2009
Restaurant Performance Index correlates S&P 500 (Update 1)
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34 comments:
Thank you, that was extremely valuable and interesting...I will be back again to read more on this topic.
Thanks for sharing this link, but unfortunately it seems to be offline... Does anybody have a mirror or another source? Please reply to my post if you do!
I would appreciate if a staff member here at amonic.blogspot.com could post it.
Thanks,
Mark
Thanks for sharing the link, but unfortunately it seems to be down... Does anybody have a mirror or another source? Please answer to my post if you do!
I would appreciate if a staff member here at amonic.blogspot.com could post it.
Thanks,
James
Have you considered the fact that this might work another way? I am wondering if anyone else has come across something
exactly the same in the past? Let me know your thoughts...
Greetings,
This is a question for the webmaster/admin here at amonic.blogspot.com.
May I use part of the information from this blog post right above if I provide a link back to your website?
Thanks,
Daniel
Hello there,
Thanks for sharing the link - but unfortunately it seems to be not working? Does anybody here at amonic.blogspot.com have a mirror or another source?
Cheers,
Oliver
Daniel, you're welcome to use the image anywhere you like.
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