NAICS 81

Other Services in New York: 2026 Market Risk Report

Entry risk 57.7 (High), ranked #47 of 51 states. 68,310 establishments, 347,485 jobs.

Entry Risk Assessment

Entry Risk Score 57.7
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

ⓘ Lower is better. Relative to national other services average.

⚡Volatile Market

The other services sector in New York shows signs of market maturation: momentum index at 37.6 (top half) combined with below-average firm retention (bottom 10). Net establishment formation is likely flat or negative.

5-Year Firm Retention
19.6%
Percentile within industry
Rank #42 of 51 states
Growth Momentum
37.6
Scale of 0-100
Rank #24 of 51 states
Establishment Density
12.0
vs. national average
Rank #42 of 51 states
Market Volatility
48.3
Lower is more stable
Wage Pressure Index
76.4
Labor cost pressure

68,310 Establishments in New York

68,310
Establishments
+0.4% YoY
347,485
Total Employment
+0.7% YoY
$55,411
Average Annual Wage
+4.0% YoY

New York vs National Other Services Average

How New York's other services market compares to the national average across all 51 states.

Metric NY National Difference
Entry Risk Score 57.7 44.9 +12.8
5-Year Retention 19.6% 51.0% -31.4
Growth Momentum 37.6 40.9 -3.3
Market Volatility 48.3 32.6 +15.7
Establishment Density 12.0 8.7 +3.3
Wage Pressure 76.4 78.2 -1.8

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

New York Ranks #47 of 51 for Other Services

New York ranks #47 out of 51 states for other services market entry conditions.

Other Services Entry Risk by State

Rank State Risk Score Classification
#1 South Dakota 28.9 low
#2 Nebraska 30.5 moderate
#3 Iowa 32.5 moderate
#4 West Virginia 32.7 moderate
#5 Indiana 33.9 moderate
#47 New York You 57.7 high
Entry Risk by State Alaska — 46.6 · #31 Alabama — 38.1 · #11 Arkansas — 38.8 · #15 Arizona — 46.0 · #30 California — 57.1 · #45 Colorado — 50.3 · #38 Connecticut — 59.1 · #49 District of Columbia — 64.0 · #51 Delaware — 45.5 · #28 Florida — 48.1 · #35 Georgia — 47.2 · #32 Hawaii — 61.9 · #50 Iowa — 32.5 · #3 Idaho — 40.8 · #20 Illinois — 50.5 · #39 Indiana — 33.9 · #5 Kansas — 38.2 · #13 Kentucky — 42.0 · #22 Louisiana — 41.9 · #21 Massachusetts — 58.0 · #48 Maryland — 47.8 · #34 Maine — 36.7 · #9 Michigan — 43.6 · #24 Minnesota — 38.1 · #12 Missouri — 47.4 · #33 Mississippi — 35.9 · #8 Montana — 38.6 · #14 North Carolina — 44.0 · #26 North Dakota — 35.0 · #6 Nebraska — 30.5 · #2 New Hampshire — 45.7 · #29 New Jersey — 53.8 · #43 New Mexico — 50.1 · #37 Nevada — 45.2 · #27 New York — 57.7 · #47 Ohio — 35.8 · #7 Oklahoma — 40.6 · #19 Oregon — 57.1 · #46 Pennsylvania — 39.5 · #17 Rhode Island — 42.5 · #23 South Carolina — 37.9 · #10 South Dakota — 28.9 · #1 Tennessee — 40.5 · #18 Texas — 50.1 · #36 Utah — 52.1 · #42 Virginia — 50.7 · #40 Vermont — 51.6 · #41 Washington — 56.1 · #44 Wisconsin — 39.3 · #16 West Virginia — 32.7 · #4 Wyoming — 43.7 · #25
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 York stack up against other states for other services?

Select a state above to see the comparison

Other Services in Neighboring States

How New York's other services market compares to bordering states.

Pennsylvania 39.5 #17/51 Vermont 51.6 #41/51 New Jersey 53.8 #43/51 Massachusetts 58.0 #48/51 Connecticut 59.1 #49/51

Other Industries in New York

Construction → 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 →