NAICS 23

Construction in Alaska: 2026 Market Risk Report

Entry risk 60.9 (High), ranked #50 of 51 states. 2,597 establishments, 18,528 jobs.

Entry Risk Assessment

Entry Risk Score 60.9
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

ⓘ Lower is better. Relative to national construction average.

Labor cost dynamics in Alaska construction are elevated, with wage pressure at 100.0. This contributes to the state's overall entry risk ranking of #50 out of 51.

5-Year Firm Retention
15.7%
Percentile within industry
Rank #44 of 51 states
Growth Momentum
↑ 50.3
Scale of 0-100
Rank #8 of 51 states
Establishment Density
28.7
vs. national average
Rank #35 of 51 states
Market Volatility
21.0
Lower is more stable
Wage Pressure Index
100.0
Labor cost pressure

2,597 Establishments in Alaska

2,597
Establishments
-1.4% YoY
18,528
Total Employment
+8.2% YoY
$101,740
Average Annual Wage
+9.0% YoY

Alaska vs National Construction Average

How Alaska's construction market compares to the national average across all 51 states.

Metric AK National Difference
Entry Risk Score 60.9 44.2 +16.7
5-Year Retention 15.7% 51.0% -35.3
Growth Momentum 50.3 30.9 +19.4
Market Volatility 21.0 20.9 +0.1
Establishment Density 28.7 24.6 +4.1
Wage Pressure 100.0 57.1 +42.9

Green = favorable vs national average. Red = less favorable. Metrics are relative within construction only.

Alaska Ranks #50 of 51 for Construction

Alaska ranks #50 out of 51 states for construction market entry conditions.

Construction Entry Risk by State

Rank State Risk Score Classification
#1 Wisconsin 25.1 low
#2 Michigan 28.0 low
#3 Pennsylvania 28.4 low
#4 Alabama 30.3 moderate
#5 Nebraska 32.5 moderate
#50 Alaska You 60.9 high
Entry Risk by State Alaska — 60.9 · #50 Alabama — 30.3 · #4 Arkansas — 34.3 · #8 Arizona — 38.6 · #16 California — 47.8 · #32 Colorado — 53.2 · #40 Connecticut — 43.2 · #27 District of Columbia — 56.9 · #45 Delaware — 43.0 · #26 Florida — 54.5 · #42 Georgia — 42.1 · #25 Hawaii — 61.1 · #51 Iowa — 34.3 · #7 Idaho — 58.4 · #48 Illinois — 49.1 · #34 Indiana — 35.0 · #11 Kansas — 51.5 · #38 Kentucky — 39.8 · #19 Louisiana — 53.6 · #41 Massachusetts — 41.5 · #23 Maryland — 35.0 · #12 Maine — 35.5 · #13 Michigan — 28.0 · #2 Minnesota — 37.3 · #14 Missouri — 54.6 · #43 Mississippi — 50.8 · #36 Montana — 45.0 · #28 North Carolina — 38.2 · #15 North Dakota — 58.3 · #47 Nebraska — 32.5 · #5 New Hampshire — 32.6 · #6 New Jersey — 48.3 · #33 New Mexico — 47.4 · #31 Nevada — 39.8 · #20 New York — 51.1 · #37 Ohio — 41.7 · #24 Oklahoma — 52.2 · #39 Oregon — 54.8 · #44 Pennsylvania — 28.4 · #3 Rhode Island — 38.8 · #17 South Carolina — 47.0 · #30 South Dakota — 34.7 · #9 Tennessee — 34.8 · #10 Texas — 46.3 · #29 Utah — 40.1 · #22 Virginia — 39.0 · #18 Vermont — 40.0 · #21 Washington — 58.1 · #46 Wisconsin — 25.1 · #1 West Virginia — 49.5 · #35 Wyoming — 59.3 · #49
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 Alaska stack up against other states for construction?

Select a state above to see the comparison

Other Industries in Alaska

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