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Franchise Facts
According to the Economic Impact Study conducted by PricewaterhouseCoopers and released in March 2004 for the International Franchise Association’s Educational Foundation:- Franchise businesses generate jobs for more than 18 million Americans and account for 9.5 percent of private-sector economic output.
- More than 760,000 franchise establishments generate a total economic output of more than $1.53 trillion, or nearly 10 percent of the U.S. private sector economy.
- Franchises employ 9,797,000 people.
- Business-format franchises accounted for 622,272 establishments, 7,787,454 jobs and $162.9 billion in payroll resulting in $460 billion in economic output.
To view the study in its entirety, select from the list below:
The Economic Impact of Franchised Businesses
Part 1 - Introduction and Acknowledgements
Part 2 - Executive Summary(s), U.S. Views, State Views, Appendix – Methodology
Part 3 - Congressional District Views |
