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International Franchise Association (IFA) predicts franchise growth among positive economic indicators

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Source: USA Today/Money

After years of a severe economic downturn, the job outlook has brightened over the past few months after higher consumer spending, improved business confidence and a stock market rally that has somewhat eased concerns about further shocks from Europe's financial turmoil.

Big companies are being very cautious when it comes to permanent hirings, but small businesses seem to be growing and expanding. The IFA expects the number of franchises in the U.S. to grow 2% after dipping three years in a row.

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