NAICS 72

Accommodation and Food Services in New Mexico: 2026 Market Risk Report

Entry risk 24.5 (Low), ranked #3 of 51 states. 4,488 establishments, 89,258 jobs.

Entry Risk Assessment

Entry Risk Score 24.5
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Low Risk

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

🛡️Stable Market

New Mexico exhibits structural stability in accommodation and food services, with volatility at 30.5 and firm retention ranking in the top 5. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
92.2%
Percentile within industry
Rank #5 of 51 states
Growth Momentum
29.6
Scale of 0-100
Rank #31 of 51 states
Establishment Density
7.5
vs. national average
Rank #4 of 51 states
Market Volatility
30.5
Lower is more stable
Wage Pressure Index
34.0
Labor cost pressure

4,488 Establishments in New Mexico

4,488
Establishments
+0.8% YoY
89,258
Total Employment
+0.3% YoY
$26,043
Average Annual Wage
+3.7% YoY

New Mexico vs National Accommodation and Food Services Average

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

Metric NM National Difference
Entry Risk Score 24.5 40.0 -15.5
5-Year Retention 92.2% 51.0% +41.2
Growth Momentum 29.6 41.1 -11.6
Market Volatility 30.5 23.9 +6.6
Establishment Density 7.5 27.0 -19.5
Wage Pressure 34.0 33.4 +0.6

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

New Mexico Ranks #3 of 51 for Accommodation and Food Services

New Mexico ranks #3 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 You 24.5 low
#4 Idaho 26.2 low
#5 Wisconsin 28.2 low
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 New Mexico 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 New Mexico's accommodation and food services market compares to bordering states.

Oklahoma 35.0 #20/51 Utah 36.5 #22/51 Texas 46.0 #38/51 Arizona 46.9 #40/51 Colorado 46.9 #41/51

Other Industries in New Mexico

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 →