Although restaurant operators reported positive same-store sales for the 17 th consecutive month in October, results continued to soften from recent months. Forty percent of restaurant operators reported a same-store sales gain between October 2011 and October 2012, down from 48 percent in September and the lowest proportion in 17 months. Meanwhile, 36 percent of operators reported lower same-store sales in October, essentially unchanged from 35 percent in September.While sales remained positive overall, restaurant operators reported a net decline in customer traffic levels in October. Thirty percent of restaurant operators reported higher customer traffic levels between October 2011 and October 2012, down from 36 percent who reported positive traffic in September. In comparison, 41 percent of operators reported lower customer traffic levels in October, unchanged from September.
Restaurant Performance Index Fell To Its Lowest Level In 14 Months As Operator Optimism Plunged
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