Unh Franchise Index Shows Gain

(Wednesday, October 28, 2009) - Avis Budget Group and lodging firms gained market value while the restaurant sector slipped, according to a third-quarter study that examined the performance of franchise companies.

The study is from the Rosenberg International Center of Franchising at the University of New Hampshire's Whittemore School of Business and Economics. The center maintains a Franchise 50 Index, which tracks publicly traded companies in the United States engaged in business format franchising.

The index climbed 9.3 percent in the third quarter of 2009, marking the second consecutive quarterly increase since it began declining in the fourth quarter of 2007, the Rosenberg Center said.

A press release on the index included a statement from Hachemi Aliouche, the center's associate director.

"Economic conditions have continued to improve in the United States and overseas, and it has become generally expected that the end of the current recession is near," Aliouche said

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