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ATLANTA—There are over 1 million restaurant locations in the United States, according to the National Restaurant Association’s latest report. Is the restaurant category overcrowded and ailing? That depends, at least in part, on whom you ask.

Some are pointing to a “restaurant revival” on the investment front. Driven by improvements in the current situation indicators, the Restaurant Performance Index registered a moderate increase in May. The RPI stood at 100.9 in May, up 0.6 percent from a level of 100.3 in April.

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Jennifer LeClaire

 

GlobeSt

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