NAICS 72

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

Entry risk 58.6 (High), ranked #48 of 51 states. 54,474 establishments, 751,254 jobs.

Entry Risk Assessment

Entry Risk Score 58.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

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

⚡Volatile Market📈Growth Opportunity

New York ranks top 10 in growth momentum while maintaining relatively low market saturation (bottom 15). This combination signals an underpenetrated market with expanding demand.

5-Year Firm Retention
2.0%
Percentile within industry
Rank #51 of 51 states
Growth Momentum
↑ 69.2
Scale of 0-100
Rank #8 of 51 states
Establishment Density
33.0
vs. national average
Rank #37 of 51 states
Market Volatility
57.2
Lower is more stable
Wage Pressure Index
30.0
Labor cost pressure

54,474 Establishments in New York

54,474
Establishments
+1.1% YoY
751,254
Total Employment
+1.3% YoY
$38,361
Average Annual Wage
+3.5% YoY

New York vs National Accommodation and Food Services Average

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

Metric NY National Difference
Entry Risk Score 58.6 40.0 +18.6
5-Year Retention 2.0% 51.0% -49.0
Growth Momentum 69.2 41.1 +28.1
Market Volatility 57.2 23.9 +33.3
Establishment Density 33.0 27.0 +6.0
Wage Pressure 30.0 33.4 -3.4

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

New York Ranks #48 of 51 for Accommodation and Food Services

New York ranks #48 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
#48 New York You 58.6 high
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 York 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 York's accommodation and food services market compares to bordering states.

Massachusetts 28.4 #7/51 Pennsylvania 36.8 #24/51 Connecticut 37.3 #27/51 New Jersey 43.3 #34/51 Vermont 51.0 #43/51

Other Industries in New York

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 →