NAICS 44-45

Retail Trade in New York: 2026 Market Risk Report

Entry risk 57.2 (High), ranked #49 of 51 states. 69,015 establishments, 834,803 jobs.

Entry Risk Assessment

Entry Risk Score 57.2
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
High Risk

ⓘ Lower is better. Relative to national retail trade average.

The retail trade sector in New York is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
5.9%
Percentile within industry
Rank #49 of 51 states
Growth Momentum
↑ 50.6
Scale of 0-100
Rank #18 of 51 states
Establishment Density
46.9
vs. national average
Rank #25 of 51 states
Market Volatility
44.8
Lower is more stable
Wage Pressure Index
34.7
Labor cost pressure

69,015 Establishments in New York

69,015
Establishments
-3.1% YoY
834,803
Total Employment
-1.0% YoY
$48,901
Average Annual Wage
+2.8% YoY

New York vs National Retail Trade Average

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

Metric NY National Difference
Entry Risk Score 57.2 44.6 +12.6
5-Year Retention 5.9% 51.0% -45.1
Growth Momentum 50.6 42.9 +7.7
Market Volatility 44.8 24.4 +20.4
Establishment Density 46.9 49.0 -2.1
Wage Pressure 34.7 30.5 +4.2

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

New York Ranks #49 of 51 for Retail Trade

New York ranks #49 out of 51 states for retail trade market entry conditions.

Retail Trade Entry Risk by State

Rank State Risk Score Classification
#1 Wisconsin 33.3 moderate
#2 Nebraska 35.9 moderate
#3 Nevada 37.0 moderate
#4 Massachusetts 37.1 moderate
#5 Alaska 37.2 moderate
#49 New York You 57.2 high
Entry Risk by State Alaska — 37.2 · #5 Alabama — 46.4 · #36 Arkansas — 51.8 · #44 Arizona — 44.9 · #32 California — 44.0 · #28 Colorado — 42.9 · #23 Connecticut — 44.7 · #31 District of Columbia — 58.0 · #50 Delaware — 41.8 · #19 Florida — 51.0 · #43 Georgia — 47.5 · #38 Hawaii — 56.1 · #48 Iowa — 40.8 · #16 Idaho — 40.1 · #12 Illinois — 48.1 · #39 Indiana — 39.8 · #10 Kansas — 40.4 · #14 Kentucky — 46.4 · #36 Louisiana — 52.3 · #46 Massachusetts — 37.1 · #4 Maryland — 43.6 · #26 Maine — 44.1 · #29 Michigan — 40.5 · #15 Minnesota — 39.6 · #9 Missouri — 50.6 · #42 Mississippi — 59.2 · #51 Montana — 45.8 · #34 North Carolina — 43.4 · #25 North Dakota — 49.9 · #41 Nebraska — 35.9 · #2 New Hampshire — 48.7 · #40 New Jersey — 43.7 · #27 New Mexico — 39.9 · #11 Nevada — 37.0 · #3 New York — 57.2 · #49 Ohio — 39.2 · #8 Oklahoma — 46.3 · #35 Oregon — 42.9 · #24 Pennsylvania — 38.1 · #6 Rhode Island — 42.3 · #21 South Carolina — 44.3 · #30 South Dakota — 38.9 · #7 Tennessee — 42.8 · #22 Texas — 41.6 · #17 Utah — 40.3 · #13 Virginia — 41.6 · #17 Vermont — 52.1 · #45 Washington — 42.0 · #20 Wisconsin — 33.3 · #1 West Virginia — 52.8 · #47 Wyoming — 44.9 · #33
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 retail trade?

Select a state above to see the comparison

Retail Trade in Neighboring States

How New York's retail trade market compares to bordering states.

Massachusetts 37.1 #4/51 Pennsylvania 38.1 #6/51 New Jersey 43.7 #27/51 Connecticut 44.7 #31/51 Vermont 52.1 #45/51

Other Industries in New York

Construction → Healthcare and Social Assistance → 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 →