NAICS 54

Professional, Scientific, and Technical Services in Rhode Island: 2026 Market Risk Report

Entry risk 35.3 (Moderate), ranked #13 of 51 states. 9,418 establishments, 31,001 jobs.

Entry Risk Assessment

Entry Risk Score 35.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Moderate

ⓘ Lower is better. Relative to national professional, scientific, and technical services average.

🛡️Stable Market💎Hidden Gem

Rhode Island exhibits structural stability in professional, scientific, and technical services, with volatility at 15.7 and firm retention ranking in the top 5. These metrics suggest lower cyclical risk compared to the national baseline.

5-Year Firm Retention
92.2%
Percentile within industry
Rank #5 of 51 states
Growth Momentum
20.0
Scale of 0-100
Rank #44 of 51 states
Establishment Density
26.9
vs. national average
Rank #45 of 51 states
Market Volatility
15.7
Lower is more stable
Wage Pressure Index
30.8
Labor cost pressure

9,418 Establishments in Rhode Island

9,418
Establishments
+3.5% YoY
31,001
Total Employment
+3.1% YoY
$104,884
Average Annual Wage
+5.0% YoY

Rhode Island vs National Professional, Scientific, and Technical Services Average

How Rhode Island's professional, scientific, and technical services market compares to the national average across all 51 states.

Metric RI National Difference
Entry Risk Score 35.3 40.5 -5.3
5-Year Retention 92.2% 51.0% +41.2
Growth Momentum 20.0 37.2 -17.2
Market Volatility 15.7 21.8 -6.1
Establishment Density 26.9 12.6 +14.3
Wage Pressure 30.8 34.0 -3.2

Green = favorable vs national average. Red = less favorable. Metrics are relative within professional, scientific, and technical services only.

Rhode Island Ranks #13 of 51 for Professional, Scientific, and Technical Services

Rhode Island ranks #13 out of 51 states for professional, scientific, and technical services market entry conditions.

Professional, Scientific, and Technical Services Entry Risk by State

Rank State Risk Score Classification
#1 Alabama 29.4 low
#2 Iowa 31.1 moderate
#3 Nebraska 31.6 moderate
#4 South Dakota 32.9 moderate
#5 Mississippi 33.4 moderate
#13 Rhode Island You 35.3 moderate
Entry Risk by State Alaska — 38.0 · #21 Alabama — 29.4 · #1 Arkansas — 37.3 · #18 Arizona — 41.2 · #28 California — 51.2 · #48 Colorado — 46.4 · #46 Connecticut — 45.1 · #41 District of Columbia — 44.8 · #40 Delaware — 38.9 · #24 Florida — 38.2 · #22 Georgia — 43.5 · #38 Hawaii — 33.8 · #7 Iowa — 31.1 · #2 Idaho — 34.9 · #11 Illinois — 42.6 · #33 Indiana — 56.7 · #50 Kansas — 44.7 · #39 Kentucky — 35.7 · #14 Louisiana — 36.4 · #15 Massachusetts — 41.5 · #29 Maryland — 38.4 · #23 Maine — 40.2 · #26 Michigan — 41.2 · #27 Minnesota — 49.2 · #47 Missouri — 45.5 · #45 Mississippi — 33.4 · #5 Montana — 43.4 · #37 North Carolina — 37.8 · #20 North Dakota — 34.8 · #10 Nebraska — 31.6 · #3 New Hampshire — 37.5 · #19 New Jersey — 45.4 · #44 New Mexico — 59.3 · #51 Nevada — 42.6 · #34 New York — 52.4 · #49 Ohio — 36.9 · #17 Oklahoma — 45.4 · #43 Oregon — 45.2 · #42 Pennsylvania — 33.7 · #6 Rhode Island — 35.3 · #13 South Carolina — 34.7 · #9 South Dakota — 32.9 · #4 Tennessee — 39.4 · #25 Texas — 42.2 · #30 Utah — 42.2 · #31 Virginia — 42.3 · #32 Vermont — 43.0 · #35 Washington — 43.3 · #36 Wisconsin — 35.0 · #12 West Virginia — 34.4 · #8 Wyoming — 36.5 · #16
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 Rhode Island stack up against other states for professional, scientific, and technical services?

Select a state above to see the comparison

Professional, Scientific, and Technical Services in Neighboring States

How Rhode Island's professional, scientific, and technical services market compares to bordering states.

Massachusetts 41.5 #29/51 Connecticut 45.1 #41/51

Other Industries in Rhode Island

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Finance and Insurance → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →