Consumer spending pushes franchise index up fifth month in a row

05/28/2013 | PizzaMarketplace.com

Consumers spent more at franchises in April, spurring a 0.2% increase for the Franchise Business Index. Strong consumer spending early in the year helped boost the index, but the future could be unpredictable. "While we are pleased the index grew for the fifth consecutive month, we remain concerned about the overall rate of growth in both new business formation and job creation," IFA President and CEO Steve Caldeira said.

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