NAICS 72

Accommodation and Food Services in Maryland: 2026 Market Risk Report

Entry risk 31.7 (Moderate), ranked #15 of 51 states. 12,788 establishments, 226,764 jobs.

Entry Risk Assessment

Entry Risk Score 31.7
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

Maryland exhibits structural stability in accommodation and food services, with volatility at 30.5 and firm retention ranking in the top 15. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
72.5%
Percentile within industry
Rank #15 of 51 states
Growth Momentum
28.3
Scale of 0-100
Rank #34 of 51 states
Establishment Density
5.3
vs. national average
Rank #3 of 51 states
Market Volatility
30.5
Lower is more stable
Wage Pressure Index
38.0
Labor cost pressure

12,788 Establishments in Maryland

12,788
Establishments
+2.6% YoY
226,764
Total Employment
+2.4% YoY
$30,619
Average Annual Wage
+3.9% YoY

Maryland vs National Accommodation and Food Services Average

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

Metric MD National Difference
Entry Risk Score 31.7 40.0 -8.3
5-Year Retention 72.5% 51.0% +21.5
Growth Momentum 28.3 41.1 -12.9
Market Volatility 30.5 23.9 +6.6
Establishment Density 5.3 27.0 -21.7
Wage Pressure 38.0 33.4 +4.6

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

Maryland Ranks #15 of 51 for Accommodation and Food Services

Maryland ranks #15 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
#15 Maryland You 31.7 moderate

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

Other Industries in Maryland