Friday, September 17, 2010

Census Bureau’s First Release of Comprehensive Franchise Data

The U.S. Census Bureau reports franchise businesses accounted for 10.5 percent of businesses with paid employees in the 295 industries for which franchising data were collected in 2007. Of the 4.3 million total establishments surveyed, 453,326 were either franchisee or franchisor-owned businesses.

Additionally, franchise businesses accounted for nearly $1.3 trillion of the $7.7 trillion in total sales for these industries, $153.7 billion out of the $1.6 trillion in total payroll, and 7.9 million workers out of a total workforce of 59.0 million.

The 2007 Economic Census Franchise Report is the first comprehensive and detailed report by the Census Bureau on this segment of the U.S. economy

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