NAICS 23

Construction in Missouri: 2026 Market Risk Report

Entry risk 54.6 (Elevated), ranked #43 of 51 states. 16,784 establishments, 146,623 jobs.

Entry Risk Assessment

Entry Risk Score 54.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

Lower is better. Relative to national construction average.

The construction sector in Missouri shows signs of market maturation: momentum index at 23.7 (bottom half) combined with below-average firm retention (bottom 15). Net establishment formation is likely flat or negative.

5-Year Firm Retention
23.5%
Percentile within industry
Rank #40 of 51 states
Growth Momentum
23.7
Scale of 0-100
Rank #32 of 51 states
Establishment Density
13.8
vs. national average
Rank #25 of 51 states
Market Volatility
31.2
Lower is more stable
Wage Pressure Index
55.0
Labor cost pressure

16,784 Establishments in Missouri

16,784
Establishments
-1.7% YoY
146,623
Total Employment
+2.1% YoY
$78,644
Average Annual Wage
+5.4% YoY

Missouri vs National Construction Average

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

Metric MO National Difference
Entry Risk Score 54.6 44.2 +10.4
5-Year Retention 23.5% 51.0% -27.5
Growth Momentum 23.7 30.9 -7.2
Market Volatility 31.2 20.9 +10.3
Establishment Density 13.8 24.6 -10.8
Wage Pressure 55.0 57.1 -2.1

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

Missouri Ranks #43 of 51 for Construction

Missouri ranks #43 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
#43 Missouri You 54.6 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 Missouri stack up against other states for construction?

Select a state above to see the comparison

Construction in Neighboring States

How Missouri's construction market compares to bordering states.

Other Industries in Missouri