In 2023, the economic output of franchise establishments was valued at approximately 859 billion U.S. dollars. The economic output of franchise establishments in the United States fluctuated significantly since 2007. In 2020, the sector suffered significant losses due to the COVID-19 pandemic, generating an estimated economic output of approximately 677 billion U.S. dollars, compared to 794 billion U.S. dollars in 2019.
Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024
(in billion U.S. dollars)
Characteristic
Economic output in billion U.S. dollars
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International Franchise Association, & FRANdata. (February 13, 2024). Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/
International Franchise Association, und FRANdata. "Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024 (in billion U.S. dollars)." Chart. February 13, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/
International Franchise Association, FRANdata. (2024). Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/
International Franchise Association, and FRANdata. "Economic Output of Franchise Establishments in The United States from 2007 to 2023 with a Forecast for 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/
International Franchise Association & FRANdata, Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/ (last visited September 01, 2024)
Economic output of franchise establishments in the United States from 2007 to 2023 with a forecast for 2024 (in billion U.S. dollars) [Graph], International Franchise Association, & FRANdata, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/190318/economic-output-of-the-us-franchise-sector/