NAICS 23

Construction in New Hampshire: 2026 Market Risk Report

Entry risk 32.6 (Moderate), ranked #6 of 51 states. 5,552 establishments, 32,249 jobs.

Entry Risk Assessment

Entry Risk Score 32.6
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

ⓘ Lower is better. Relative to national construction average.

🛡️Stable Market💎Hidden Gem

New Hampshire exhibits structural stability in construction, with volatility at 8.3 and firm retention ranking in the top 15. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
76.5%
Percentile within industry
Rank #13 of 51 states
Growth Momentum
30.4
Scale of 0-100
Rank #25 of 51 states
Establishment Density
37.7
vs. national average
Rank #42 of 51 states
Market Volatility
8.3
Lower is more stable
Wage Pressure Index
46.3
Labor cost pressure

5,552 Establishments in New Hampshire

5,552
Establishments
+2.4% YoY
32,249
Total Employment
+2.9% YoY
$84,808
Average Annual Wage
+4.7% YoY

New Hampshire vs National Construction Average

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

Metric NH National Difference
Entry Risk Score 32.6 44.2 -11.6
5-Year Retention 76.5% 51.0% +25.5
Growth Momentum 30.4 30.9 -0.5
Market Volatility 8.3 20.9 -12.6
Establishment Density 37.7 24.6 +13.1
Wage Pressure 46.3 57.1 -10.9

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

New Hampshire Ranks #6 of 51 for Construction

New Hampshire ranks #6 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
#6 New Hampshire You 32.6 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 New Hampshire stack up against other states for construction?

Select a state above to see the comparison

Construction in Neighboring States

How New Hampshire's construction market compares to bordering states.

Maine 35.5 #13/51 Vermont 40.0 #21/51 Massachusetts 41.5 #23/51

Other Industries in New Hampshire

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 →