---
title: "IFA: Franchise Sector Expected to Outpace U.S. Economy-Wide Job Creation in 2018, According to New IFA Economic Outlook Survey"
url: https://burnaze.com/article/0307e927-e7cb-40f9-abef-a6a4e55057c2
source: "1851 Franchise"
original_url: https://1851franchise.com/ifa-franchise-sector-expected-to-outpace-us-economy-wide-job-creation-in-2018-according-to-new-ifa-economic-outlook-survey-2705376
category: "Franchisors"
industry: "Franchise Industry"
segment: "Franchisors"
topics: ["Regulation & legal"]
published: 2018-01-29T18:13:01.000Z
modified: 2026-11-01T04:10:17.940Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/ba894cd6b25155ca9f79f119958480b52387.jpg
---

# IFA: Franchise Sector Expected to Outpace U.S. Economy-Wide Job Creation in 2018, According to New IFA Economic Outlook Survey

**TL;DR:** The International Franchise Association expects the franchise sector to outpace U.S. economy-wide job creation in 2018, with franchise employment expected to jump by 3.7 percent. The IFA's Franchise Business Outlook for 2018 notes that franchise establishments are expected to grow an additional 1.9 percent to 759,000.

*originally published in 1851 Franchise on 2018-01-29. [Read the original](https://1851franchise.com/ifa-franchise-sector-expected-to-outpace-us-economy-wide-job-creation-in-2018-according-to-new-ifa-economic-outlook-survey-2705376).*

## Story

The International Franchise Association is expecting 2018 to be a positive year for the industry. Following the Washington Post’s State of the Union preview, the organization said in a release that according to its 2018 Franchise Business Outlook, the franchise sector is expected to grow faster than the rest of the U.S. economy this year.

In the press release, IFA President and CEO Robert Cresanti said, “Over the last year, Congress and the Administration have set their sights on removing the barriers and brakes holding out economy back and stifling job creation. Regulations have been trimmed, taxes have been cut, and, as a result, the franchise community has continued its economic momentum. As we move into 2018, we expect lawmakers will remain steadfast in their support for a strong business environment.

Franchises will thrive and continue to strengthen the American economy by providing jobs in every community, playing an important role in the lives of Americans, and supporting a variety of job creating industries, from manufacturing to agriculture.”

The IFA’s Franchise Business Outlook for 2018 notes that franchise establishments are expected to grow an additional 1.9 percent to 759,000. Franchise employment is also expected to jump by 3.7 percent, with the GDP of the industry likely to exceed U.S. GDP growth and climb by 6.1 percent to $451 billion. That means that the franchising industry will contribute about 3 percent of U.S. GDP in nominal dollars.

## Entities

- 1851 Franchise (publication)
- Franchise Industry (sector)
- International Franchise Association (company)
- job creation (topic)
- economic growth (topic)
- Congress (regulator)
- industry forecast (topic)
- U.S. economy (location)
- franchise outlook (topic)
- Administration (regulator)

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Originally reported by 1851 Franchise (https://1851franchise.com/ifa-franchise-sector-expected-to-outpace-us-economy-wide-job-creation-in-2018-according-to-new-ifa-economic-outlook-survey-2705376). Summarized by Burnaze (https://burnaze.com/article/0307e927-e7cb-40f9-abef-a6a4e55057c2).