NAICS 54

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

Entry risk 42.2 (Elevated), ranked #31 of 51 states. 27,256 establishments, 131,799 jobs.

Entry Risk Assessment

Entry Risk Score 42.2
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

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

📈Growth Opportunity

Utah ranks top 5 in growth momentum while maintaining relatively low market saturation (bottom 10). This combination signals an underpenetrated market with expanding demand.

5-Year Firm Retention
13.7%
Percentile within industry
Rank #45 of 51 states
Growth Momentum
↑ 75.1
Scale of 0-100
Rank #3 of 51 states
Establishment Density
25.5
vs. national average
Rank #43 of 51 states
Market Volatility
17.0
Lower is more stable
Wage Pressure Index
35.6
Labor cost pressure

27,256 Establishments in Utah

27,256
Establishments
+4.2% YoY
131,799
Total Employment
-0.7% YoY
$109,502
Average Annual Wage
+5.5% YoY

Utah vs National Professional, Scientific, and Technical Services Average

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

Metric UT National Difference
Entry Risk Score 42.2 40.5 +1.7
5-Year Retention 13.7% 51.0% -37.3
Growth Momentum 75.1 37.2 +37.9
Market Volatility 17.0 21.8 -4.8
Establishment Density 25.5 12.6 +12.9
Wage Pressure 35.6 34.0 +1.6

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

Utah Ranks #31 of 51 for Professional, Scientific, and Technical Services

Utah ranks #31 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
#31 Utah You 42.2 elevated
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

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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 Utah 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 Utah's professional, scientific, and technical services market compares to bordering states.

Idaho 34.9 #11/51 Wyoming 36.5 #16/51 Arizona 41.2 #28/51 Nevada 42.6 #34/51 Colorado 46.4 #46/51 New Mexico 59.3 #51/51

Other Industries in Utah

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 →