NAICS 23

Construction in Oregon: 2026 Market Risk Report

Entry risk 54.8 (Elevated), ranked #44 of 51 states. 18,009 establishments, 116,080 jobs.

Entry Risk Assessment

Entry Risk Score 54.8
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national construction average.

Labor cost dynamics in Oregon construction are elevated, with wage pressure at 58.8. This contributes to the state's overall entry risk ranking of #44 out of 51.

5-Year Firm Retention
21.6%
Percentile within industry
Rank #41 of 51 states
Growth Momentum
46.7
Scale of 0-100
Rank #9 of 51 states
Establishment Density
41.7
vs. national average
Rank #43 of 51 states
Market Volatility
29.6
Lower is more stable
Wage Pressure Index
58.8
Labor cost pressure

18,009 Establishments in Oregon

18,009
Establishments
-0.8% YoY
116,080
Total Employment
-1.1% YoY
$82,371
Average Annual Wage
+5.7% YoY

Oregon vs National Construction Average

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

Metric OR National Difference
Entry Risk Score 54.8 44.2 +10.6
5-Year Retention 21.6% 51.0% -29.4
Growth Momentum 46.7 30.9 +15.8
Market Volatility 29.6 20.9 +8.7
Establishment Density 41.7 24.6 +17.1
Wage Pressure 58.8 57.1 +1.6

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

Oregon Ranks #44 of 51 for Construction

Oregon ranks #44 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
#44 Oregon You 54.8 elevated
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 Oregon stack up against other states for construction?

Select a state above to see the comparison

Construction in Neighboring States

How Oregon's construction market compares to bordering states.

Nevada 39.8 #20/51 California 47.8 #32/51 Washington 58.1 #46/51 Idaho 58.4 #48/51

Other Industries in Oregon

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 →