NAICS 23

Construction in Pueblo, CO

Metro Market Score 64.1 (Difficult), ranked #306 of 342 metros. 440 establishments, 3,874 jobs.

Metro Market Score 64.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national construction average.

Pueblo's construction sector saw employment decline over the past year (growth trend: 4.1). That contraction, combined with a 64.1 market score, puts this metro in the bottom quartile for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

72.2

LQ: 1.18

Rank #247 of 342 metros

Wage Competitiveness

39.8

$70,220 avg wage

Growth Trend

↓ 4.1

Employment growth index

Rank #329 of 342 metros

Wage Pressure

36.6

YoY wage change index

440 Construction Firms in Pueblo

440

Establishments

-8.1% YoY

3,874

Total Employment

-7.7% YoY

$70,220

Average Annual Wage

+5.6% YoY

1.18

Location Quotient

Above national avg

Within Colorado

#5 of 7

construction metros in state

Colorado state rank

#40 of 51

for construction entry risk

vs State Median

+4.1

worse than median (60.0)

Pueblo vs Colorado Statewide

How this metro's construction market compares to Colorado overall. The state ranks #40/51 for entry risk.

Measure	Pueblo	CO Statewide
Overall Score	64.1 Difficult	53.2 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#306 of 342 metros	#40 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Pueblo

Real Estate and Rental and Leasing 24.2 Other Services 30.1 Information 36.9 Finance and Insurance 42.9 Healthcare and Social Assistance 54.0 Accommodation and Food Services 55.0 Administrative and Support Services 56.4 Professional, Scientific, and Technical Services 71.1 Retail Trade 74.5

Construction in Other Colorado Metros

Boulder 53.8 #232/342 Grand Junction 54.8 #244/342 Colorado Springs 56.2 #258/342 Greeley 60.0 #284/342 Fort Collins-Loveland 65.3 #314/342 Denver-Aurora-Centennial 68.0 #321/342

Construction Metros With Similar Conditions

Metros within 5 points of Pueblo's 64.1 score. Useful when comparing markets with comparable entry profiles.

Terre Haute, IN 64.1 #307/342 Chico, CA 64.2 #308/342 Olympia-Lacey-Tumwater, WA 64.3 #309/342 Palm Bay-Melbourne-Titusville, FL 64.4 #310/342 Sacramento-Roseville-Folsom, CA 63.5 #305/342 Lafayette, LA 63.4 #304/342 Longview-Kelso, WA 64.8 #311/342 Sioux City, IA 63.4 #302/342 San Luis Obispo-Paso Robles, CA 63.4 #303/342 Midland, TX 63.3 #301/342

Construction in States Bordering Colorado

State-level entry risk for construction in adjacent states. Use this to weigh cross-border options.

Nebraska 32.5 #5/51 Arizona 38.6 #16/51 Utah 40.1 #22/51 New Mexico 47.4 #31/51 Kansas 51.5 #38/51 Oklahoma 52.2 #39/51 Wyoming 59.3 #49/51

Browse Construction in Other States

State-level entry risk reports for construction across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Pueblo's construction sector, the employment growth component (95.9) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Pueblo, CO MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment