National Impact of Franchising

National Economic Impact

In FranchisesBecause of Franchises
establishments733KN/A
jobs7.6M13.3M
payroll$269.9B$565.8B
output$674.3B$1.6T
GDP$404.6B$925.9B

National Polling

76% have a favorable opinion of family-owned franchises.

Explore State-by-State Data

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2016 economic data

2017 forecast data

Public opinion on franchising

Franchise Business Forecast for 2017*

Continued growth in the next year

Overall 2017 forecast

Establishments

745.1K

+1.6% from 2016

Employment

7.9M

+3.1% from 2016

Output

$711.4B

+5.3% from 2016

GDP

$425.6B

+5.1% from 2016

*Data prepared by IHS Markit Economics, for the International Franchise Association, Franchise Education and Research Foundation, August, 2017.

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Policy

Joint Employer Wide Bipartisan Majorities Want Congress and the Administration to Support Locally-Owned Businesses

Which of the following would you prefer?

Tax reform survey results chart

Tax Reform Americans Agree Tax Reform Should Reduce Taxes for Both Small and Large Businesses

When it comes to tax reform, which of the following should be the highest priority for the next Congress and Administration?

Purchasing power survey results chart

If effective tax rates for large corporations are reduced, should effective tax rates for small businesses also be reduced?

Purchasing power survey results chart

Public opinion polling shows Americans support franchises

Franchise Establishments Get High Marks From Voters Across Party Lines

Voters who have a favorable view of neighborhood family-owned franchise businesses:

76%

of all voters

76%

of Democrats

73%

of Independents

79%

of Republicans

Voters Think Locally-Owned Businesses Are More Likely to Work to Support Local Community

Who do you think is likely to be more involved with improving the local community by assisting places such as local churches, charities, little league teams, etc.?