WebJul 10, 2024 · Retail Franchise Industry Outlook. According to the 2024 Economic Outlook for Franchising, the number of retail food, products & services franchise establishments actually edged upward in 2024 by an estimated 1.2%, though overall employment did take an estimated 4.5% hit. The growth rate for the industry is expected to re-establish a … WebFeb 12, 2024 · In fact, it is expected to outpace the growth of the rest of the nation’s economy. According to the Franchise Business Economic Outlook for 2024, published by the International Franchise Association (IFA), the industry can expect to see growth in many areas: Franchise establishments are expected to grow to 759,000, an increase of 1.9 …
Breaking Down the IFA’s 2024 Franchise Business Outlook
WebApr 4, 2024 · Premium Statistic Output of business services franchise industry U.S. 2013-2024, with 2024 forecast Premium Statistic Employment in the business services franchise industry in the U.S. 2013-2024 WebThe new 2012 IFA Franchise Business Economic Outlook inidcates that there were 735,571 franchised units in the US in 2011. A 1.9% growth is projected for 2012 which would bring the total to just under 750,000. The decline over the past five years (from 770,835 in 2007) has predominately been due to the economy and lack of credit available to ... rothesütte cafe
Franchise Industry Outlook Data Show Franchise …
WebMar 28, 2024 · Franchising will add approximately 254,000 jobs in 2024. Growing at 3.0%, total franchise employment is forecasted to reach 8.7 million. The total output of franchised businesses — the measure ... WebFeb 2, 2024 · New research shows 84% of franchise companies report revenues are now equal to or higher than pre-pandemic levels. February 2, 2024 – Portsmouth, NH – Franchise Business Review today … WebFeb 18, 2024 · Today, the International Franchise Association (IFA) released its annual Economic Outlook Report detailing the franchise industry’s projected economic forecast for 2024. The report offers an in-depth look into franchising’s growth trend following the … st peter\u0027s swinton church