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Tax Commissioner Releases 2016 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE

Thursday, March 30, 2017

Contact:  Kathy Strombeck, Supervisor, Research & Communication, 701.328.3402
Jen Raab, Public Information Officer, 701.328.3039

Tax Commissioner Releases 2016 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2016 fourth quarter and the 2016 annual taxable sales and purchases reports.

2016 Annual Taxable Sales and Purchases
Calendar year 2016 taxable sales and purchases totaled $17.3billion, a 24 percent decrease from the $22.9 billion total in 2015.

“We anticipated that we would see a decline in taxable sale and purchases in 2016 as effects of the downturn in commodity-based industries persist,” Rauschenberger stated. “North Dakota taxable sales and purchases for calendar year 2016 are comparable to what taxable sales and purchases were in 2011.  We continue to compare to the pre-oil boom timeframe to keep perspective.”

The arts, entertainment and recreation sector was the only industry sector posting an increase from 2015 to 2016.   

“The 2016 retail trade taxable sales and purchases totaled $6.1 billion, while the wholesale trade taxable sales and purchases totaled $3.5 billion,” Rauschenberger added.  “Together, these large industry sectors make up over half of the total taxable sales and purchases, and are a good indicator of consumer and producer confidence.  While both sectors have fallen in 2016, they are on par with the pre-boom sales level of 2011.”

The annual report includes data for the largest 200 cities in North Dakota, and all 53 counties. Of the 200 largest cities in North Dakota, the highest percent increases of 2016 (compared to 2015) were Forest River, Carpio, Stanton and Frontier.  Counties with the highest percent increases of 2016 (compared to 2015) were Sioux County, Mercer County, McHenry County and Towner County.

2016 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2016 totaled $4.4 billion, a decrease of 17.6 percent over those months in 2015.

“Although the fourth quarter report shows a decline, it actually is the smallest decline that we’ve seen in five quarters,” Rauschenberger said. 

The fourth quarter report includes data for the largest 50 cities in North Dakota, and all 53 counties. Of the 50 largest cities in North Dakota, the highest percent increases (compared to the fourth quarter of 2015) were Garrison, Northwood, Cooperstown and Hillsboro. Counties with the highest percent increases (compared with the fourth quarter of 2015) were Sioux County, Benson County, Mercer County and Griggs County.

Consistent with the 2016 annual report, the only sector to see an increase in the fourth quarter was the arts, entertainment and recreation sector.

The complete 2016 annual and 2016 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online at www.nd.gov/tax.

Taxpayers can stay up-to-date on North Dakota tax-related matters by visiting the Office of State Tax Commissioner’s website at www.nd.gov/tax or by connecting on Facebook, Twitter, LinkedIn and YouTube.

# # #

2016 Annual Taxable Sales and Purchases Report
2016 Fourth Quarter Taxable Sales and Purchases Report

Charts:
ND Taxable Sales & Purchases by Industry Annual
ND Total Taxable Sales & Purchases $ Changes_Annual

nd.gov - The Official Portal for North Dakota State Government
North Dakota: Legendary. Follow the trail of legends

Ryan Rauschenberger
Tax Commissioner
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News

Sign up to receive new releases via email.  Select the "ND Tax News" list.

 

Tax Commissioner Releases 2016 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE

Thursday, March 30, 2017

Contact:  Kathy Strombeck, Supervisor, Research & Communication, 701.328.3402
Jen Raab, Public Information Officer, 701.328.3039

Tax Commissioner Releases 2016 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2016 fourth quarter and the 2016 annual taxable sales and purchases reports.

2016 Annual Taxable Sales and Purchases
Calendar year 2016 taxable sales and purchases totaled $17.3billion, a 24 percent decrease from the $22.9 billion total in 2015.

“We anticipated that we would see a decline in taxable sale and purchases in 2016 as effects of the downturn in commodity-based industries persist,” Rauschenberger stated. “North Dakota taxable sales and purchases for calendar year 2016 are comparable to what taxable sales and purchases were in 2011.  We continue to compare to the pre-oil boom timeframe to keep perspective.”

The arts, entertainment and recreation sector was the only industry sector posting an increase from 2015 to 2016.   

“The 2016 retail trade taxable sales and purchases totaled $6.1 billion, while the wholesale trade taxable sales and purchases totaled $3.5 billion,” Rauschenberger added.  “Together, these large industry sectors make up over half of the total taxable sales and purchases, and are a good indicator of consumer and producer confidence.  While both sectors have fallen in 2016, they are on par with the pre-boom sales level of 2011.”

The annual report includes data for the largest 200 cities in North Dakota, and all 53 counties. Of the 200 largest cities in North Dakota, the highest percent increases of 2016 (compared to 2015) were Forest River, Carpio, Stanton and Frontier.  Counties with the highest percent increases of 2016 (compared to 2015) were Sioux County, Mercer County, McHenry County and Towner County.

2016 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2016 totaled $4.4 billion, a decrease of 17.6 percent over those months in 2015.

“Although the fourth quarter report shows a decline, it actually is the smallest decline that we’ve seen in five quarters,” Rauschenberger said. 

The fourth quarter report includes data for the largest 50 cities in North Dakota, and all 53 counties. Of the 50 largest cities in North Dakota, the highest percent increases (compared to the fourth quarter of 2015) were Garrison, Northwood, Cooperstown and Hillsboro. Counties with the highest percent increases (compared with the fourth quarter of 2015) were Sioux County, Benson County, Mercer County and Griggs County.

Consistent with the 2016 annual report, the only sector to see an increase in the fourth quarter was the arts, entertainment and recreation sector.

The complete 2016 annual and 2016 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online at www.nd.gov/tax.

Taxpayers can stay up-to-date on North Dakota tax-related matters by visiting the Office of State Tax Commissioner’s website at www.nd.gov/tax or by connecting on Facebook, Twitter, LinkedIn and YouTube.

# # #

2016 Annual Taxable Sales and Purchases Report
2016 Fourth Quarter Taxable Sales and Purchases Report

Charts:
ND Taxable Sales & Purchases by Industry Annual
ND Total Taxable Sales & Purchases $ Changes_Annual

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