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Real Estate Tops List of Best Sectors, Forecast Says


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Want to know the best franchise business sector for the year? It’s real estate, according to a new economic forecast by IHS Global Insight. The sector will grow by 6.3 percent this year in economic output.

What about the worst sector? Automotive franchises, which will grow a mere 1.9 percent.

The sectors in between stack up like this: Commercial/residential services, up 5.5 percent. Quick-service restaurants, up 5.2 percent. Full-service restaurants, up 4.5 percent. Lodging, up 4.2 percent.

Filling out the 3’s are these four: Business services, up 3.9 percent. Retail products/services, up 3.7 percent. Retail food, up 3.5 percent. Personal services, up 3 percent.

Don’t like the numbers for your sector? We’re just the messenger, remember. IHS Global Insight prepared the forecast, for the International Franchise Association.

 

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The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 
Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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