ND Taxable S & P's
Doug Barrett | Oct 10, 2019 AT 7:50 am
North Dakota’s taxable sales and purchases increased more than eight-percent (8.34%) during the second quarter of 2019. Tax Commissioner Ryan Rauschenberger says despite lower commodity prices the state has been able to post growth each quarter for over two years.
S-and-P’s for April…May…and June totaled $5.59 billion dollars. Rauschenberger says western cities and counties fueled by the oil and gas sector posted the biggest gains. Retail trade increased 6.5% compared to 2018 levels. A portion of that gain is attributed to the recent collection of state and local taxes from online sales.
Among the state’s largest cities Minot posted a 6.16% increase….Fargo was up 1.74%....Bismarck .76%...and Grand Forks inched up .62%.