The nation’s franchises are seeing a modest uptick in business as they seek to recover ground from the recent recession, according to a new index of the sector that debuted Thursday.
The new Franchise Business Index, compiled by the International Franchise Association (IFA), pulls employment figures from the U.S. Bureau of Labor Statistics, personal consumption expenditures from the Bureau of Economic Analysis, and small-businesses optimism and credit conditions from the National Federation of Independent Business. Full post.