2022 FRANCHISING ECONOMIC OUTLOOK Data provided by:ABOUT THE INTERNATIONAL FRANCHISE ASSOCIATION Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance and promote franchising and the approximately 775,000 franchise establishments that support nearly 8.2 million direct jobs, $787.7 billion of economic output for the U.S. economy, and almost 3 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 di?erent business format categories, individual franchisees, and companies that support the industry in marketing, law, technology, and business development. ABOUT FRANDATA FRANdata o?ers independent, comprehensive market insight focusing on the franchise ecosystem. Our research combines rigorous analysis with industry expertise and astute forecasting. We focus on delivering unparalleled insights and high-level strategic advice to a global franchise client base. Author/Contributor