NAICS 72

Accommodation and Food Services in Connecticut: 2026 Market Risk Report

Entry risk 37.3 (Moderate), ranked #27 of 51 states. 9,601 establishments, 125,938 jobs.

Entry Risk Assessment

Entry Risk Score 37.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

ⓘ Lower is better. Relative to national accommodation and food services average.

🛡️Stable Market💎Hidden Gem

Connecticut exhibits structural stability in accommodation and food services, with volatility at 34.5 and firm retention ranking in the top 15. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
80.4%
Percentile within industry
Rank #11 of 51 states
Growth Momentum
19.5
Scale of 0-100
Rank #46 of 51 states
Establishment Density
31.5
vs. national average
Rank #36 of 51 states
Market Volatility
34.5
Lower is more stable
Wage Pressure Index
46.0
Labor cost pressure

9,601 Establishments in Connecticut

9,601
Establishments
+0.8% YoY
125,938
Total Employment
+0.4% YoY
$31,249
Average Annual Wage
+4.3% YoY

Connecticut vs National Accommodation and Food Services Average

How Connecticut's accommodation and food services market compares to the national average across all 51 states.

Metric CT National Difference
Entry Risk Score 37.3 40.0 -2.7
5-Year Retention 80.4% 51.0% +29.4
Growth Momentum 19.5 41.1 -21.6
Market Volatility 34.5 23.9 +10.6
Establishment Density 31.5 27.0 +4.5
Wage Pressure 46.0 33.4 +12.6

Green = favorable vs national average. Red = less favorable. Metrics are relative within accommodation and food services only.

Connecticut Ranks #27 of 51 for Accommodation and Food Services

Connecticut ranks #27 out of 51 states for accommodation and food services market entry conditions.

Accommodation and Food Services Entry Risk by State

Rank State Risk Score Classification
#1 Delaware 19.8 low
#2 North Carolina 23.4 low
#3 New Mexico 24.5 low
#4 Idaho 26.2 low
#5 Wisconsin 28.2 low
#27 Connecticut You 37.3 moderate
Entry Risk by State Alaska — 31.6 · #14 Alabama — 44.1 · #37 Arkansas — 36.9 · #26 Arizona — 46.9 · #40 California — 57.2 · #47 Colorado — 46.9 · #41 Connecticut — 37.3 · #27 District of Columbia — 81.4 · #51 Delaware — 19.8 · #1 Florida — 53.6 · #44 Georgia — 43.6 · #35 Hawaii — 66.1 · #50 Iowa — 39.0 · #29 Idaho — 26.2 · #4 Illinois — 39.5 · #30 Indiana — 37.9 · #28 Kansas — 34.2 · #18 Kentucky — 36.9 · #25 Louisiana — 43.8 · #36 Massachusetts — 28.4 · #7 Maryland — 31.7 · #15 Maine — 55.0 · #46 Michigan — 29.2 · #10 Minnesota — 34.9 · #19 Missouri — 47.2 · #42 Mississippi — 35.6 · #21 Montana — 46.1 · #39 North Carolina — 23.4 · #2 North Dakota — 29.5 · #12 Nebraska — 41.5 · #31 New Hampshire — 28.8 · #8 New Jersey — 43.3 · #34 New Mexico — 24.5 · #3 Nevada — 64.0 · #49 New York — 58.6 · #48 Ohio — 29.3 · #11 Oklahoma — 35.0 · #20 Oregon — 42.8 · #32 Pennsylvania — 36.8 · #24 Rhode Island — 28.3 · #6 South Carolina — 29.2 · #9 South Dakota — 36.7 · #23 Tennessee — 29.5 · #13 Texas — 46.0 · #38 Utah — 36.5 · #22 Virginia — 33.6 · #16 Vermont — 51.0 · #43 Washington — 42.9 · #33 Wisconsin — 28.2 · #5 West Virginia — 33.7 · #17 Wyoming — 55.0 · #45
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does Connecticut stack up against other states for accommodation and food services?

Select a state above to see the comparison

Accommodation and Food Services in Neighboring States

How Connecticut's accommodation and food services market compares to bordering states.

Rhode Island 28.3 #6/51 Massachusetts 28.4 #7/51 New York 58.6 #48/51

Other Industries in Connecticut

Construction → Healthcare and Social Assistance → Retail Trade → Professional, Scientific, and Technical Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →