New report indicates franchises are leading U.S. economic recovery


A new economic outlook report from the International Franchise Association (IFA) indicates that franchising is leading economic recovery in the U.S., with 2021 job and business growth flourishing across franchising sectors, from personal services to lodging.

Franchise growth is projected to expand by 2.2% in 2022, with an additional 17,000 establishments opening throughout the year, reaching a total of 792,014 nationally. In the Southeast region alone – where the largest concentration of franchisees…

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