ND Taxable Sales
Doug Barrett | Sep 20, 2017 AT 8:23 am
North Dakota’s Taxable Sales and Purchases had a noticeable bump during the second quarter of 2017. New numbers kicked out by the state tax office suggests S-and-P’s climbed six-point-eight percent in April…May…and June. Tax Commissioner Ryan Rauschenberger says it was the first positive number in eight quarters. Eight of the 15 major sectors reported gains compared to the same time a year ago.
Rauschenberger says the state recorded an increase in Bakken activity with oil production moderately climbing and rig counts going up.
Among the state’s largest cities taxable sales and purchases hit 298-million dollars in Grand Forks – down two-and-a-half percent from 2016 levels. Fargo recorded a five-and-a-half percent drop….Minot was off two-point-seven…while Bismarck remained flat.