NAICS 23

Construction in Louisiana: 2026 Market Risk Report

Entry risk 53.6 (Elevated), ranked #41 of 51 states. 12,724 establishments, 140,211 jobs.

Entry Risk Assessment

Entry Risk Score 53.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

Lower is better. Relative to national construction average.

Labor cost dynamics in Louisiana construction are elevated, with wage pressure at 85.0. This contributes to the state's overall entry risk ranking of #41 out of 51.

5-Year Firm Retention
43.1%
Percentile within industry
Rank #30 of 51 states
Growth Momentum
14.3
Scale of 0-100
Rank #40 of 51 states
Establishment Density
13.9
vs. national average
Rank #26 of 51 states
Market Volatility
21.0
Lower is more stable
Wage Pressure Index
85.0
Labor cost pressure

12,724 Establishments in Louisiana

12,724
Establishments
-0.4% YoY
140,211
Total Employment
+6.8% YoY
$80,936
Average Annual Wage
+7.8% YoY

Louisiana vs National Construction Average

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

Metric LA National Difference
Entry Risk Score 53.6 44.2 +9.4
5-Year Retention 43.1% 51.0% -7.9
Growth Momentum 14.3 30.9 -16.6
Market Volatility 21.0 20.9 +0.1
Establishment Density 13.9 24.6 -10.7
Wage Pressure 85.0 57.1 +27.9

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

Louisiana Ranks #41 of 51 for Construction

Louisiana ranks #41 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
#41 Louisiana You 53.6 elevated

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 Louisiana stack up against other states for construction?

Select a state above to see the comparison

Construction in Neighboring States

How Louisiana's construction market compares to bordering states.

Other Industries in Louisiana