NAICS 23

Construction in Maine: 2026 Market Risk Report

Entry risk 35.5 (Moderate), ranked #13 of 51 states. 6,479 establishments, 35,306 jobs.

Entry Risk Assessment

Entry Risk Score 35.5
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

ⓘ Lower is better. Relative to national construction average.

🛡️Stable Market💎Hidden Gem

Maine exhibits structural stability in construction, with volatility at 5.2 and firm retention ranking in the top 5. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
100.0%
Percentile within industry
Rank #1 of 51 states
Growth Momentum
26.3
Scale of 0-100
Rank #30 of 51 states
Establishment Density
51.0
vs. national average
Rank #45 of 51 states
Market Volatility
5.2
Lower is more stable
Wage Pressure Index
90.0
Labor cost pressure

6,479 Establishments in Maine

6,479
Establishments
+3.4% YoY
35,306
Total Employment
+3.8% YoY
$71,860
Average Annual Wage
+8.2% YoY

Maine vs National Construction Average

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

Metric ME National Difference
Entry Risk Score 35.5 44.2 -8.8
5-Year Retention 100.0% 51.0% +49.0
Growth Momentum 26.3 30.9 -4.6
Market Volatility 5.2 20.9 -15.7
Establishment Density 51.0 24.6 +26.4
Wage Pressure 90.0 57.1 +32.9

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

Maine Ranks #13 of 51 for Construction

Maine ranks #13 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
#13 Maine You 35.5 moderate
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 Maine stack up against other states for construction?

Select a state above to see the comparison

Construction in Neighboring States

How Maine's construction market compares to bordering states.

New Hampshire 32.6 #6/51

Other Industries in Maine

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 →