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Tax Commissioner Releases 2017 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE

Wednesday, March 28, 2018

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

Tax Commissioner Releases 2017 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2017 fourth quarter and the 2017 annual taxable sales and purchases reports.

2017 Annual Taxable Sales and Purchases
Calendar year 2017 taxable sales and purchases totaled $17.9 billion, a 3 percent increase from the $17.3 billion total in 2016.

“The modest 3 percent taxable sales and purchases growth in 2017 is a good indicator that our economy is doing well and continuing to improve after the numerous decreases we’ve seen reflected in past reports,” Rauschenberger stated. “These types of increases are more in line with the growth trajectory we traditionally see in North Dakota.” 

Rauschenberger added that these reports provide a good indication of resurgence in the oil producing areas of the state.

Five of the 15 major sectors reported taxable sales and purchases gains when compared to the 2016 report. Most notably, the mining and oil extraction sector increased by $663.6 million (a 52.25 percent increase), the wholesale trade sector increased by $409.6 million (an 11.5 percent increase), and the other services sector increased by $35.4 million (an 8.92 percent increase).  

“Even with a slight decrease from 2016 to 2017, retail trade continues to dominate this report with over $6 billion taxable sales and purchases in 2017,” Rauschenberger said.  “However, both the mining and oil extractor sector and the wholesale trade sector saw major increases from 2016 to 2017.  This is a result of the increased activity in the oil region.”

The annual report includes data for the largest 200 cities in North Dakota, and all 53 counties. North Dakota’s largest cities saw the following changes, when compared with the 2016 annual report:

  • Bismarck – 3.9 percent decrease
  • Dickinson – 14.67 percent increase
  • Fargo – 5.45 percent decrease
  • Grand Forks – 1.76 percent decrease
  • Minot – 3.74 percent decrease
  • Williston – 24.45 percent increase

2017 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2017 totaled $4.77 billion, an increase of 7.19 percent over those months in 2016.

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 2016) were Ellendale, New Town, Williston, Casselton and Watford City. Counties with the highest percent increases (compared with the fourth quarter of 2016) were McKenzie, Williams, Dunn, Logan and Cavalier Counties.

Consistent with the 2017 annual report, the mining and oil extraction, wholesale trade and other services sectors showed the highest percent increases for the 4th quarter when compared with those sectors for 2016.

The complete 2017 annual and 2017 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online:

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 2017 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE

Wednesday, March 28, 2018

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

Tax Commissioner Releases 2017 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2017 fourth quarter and the 2017 annual taxable sales and purchases reports.

2017 Annual Taxable Sales and Purchases
Calendar year 2017 taxable sales and purchases totaled $17.9 billion, a 3 percent increase from the $17.3 billion total in 2016.

“The modest 3 percent taxable sales and purchases growth in 2017 is a good indicator that our economy is doing well and continuing to improve after the numerous decreases we’ve seen reflected in past reports,” Rauschenberger stated. “These types of increases are more in line with the growth trajectory we traditionally see in North Dakota.” 

Rauschenberger added that these reports provide a good indication of resurgence in the oil producing areas of the state.

Five of the 15 major sectors reported taxable sales and purchases gains when compared to the 2016 report. Most notably, the mining and oil extraction sector increased by $663.6 million (a 52.25 percent increase), the wholesale trade sector increased by $409.6 million (an 11.5 percent increase), and the other services sector increased by $35.4 million (an 8.92 percent increase).  

“Even with a slight decrease from 2016 to 2017, retail trade continues to dominate this report with over $6 billion taxable sales and purchases in 2017,” Rauschenberger said.  “However, both the mining and oil extractor sector and the wholesale trade sector saw major increases from 2016 to 2017.  This is a result of the increased activity in the oil region.”

The annual report includes data for the largest 200 cities in North Dakota, and all 53 counties. North Dakota’s largest cities saw the following changes, when compared with the 2016 annual report:

  • Bismarck – 3.9 percent decrease
  • Dickinson – 14.67 percent increase
  • Fargo – 5.45 percent decrease
  • Grand Forks – 1.76 percent decrease
  • Minot – 3.74 percent decrease
  • Williston – 24.45 percent increase

2017 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2017 totaled $4.77 billion, an increase of 7.19 percent over those months in 2016.

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 2016) were Ellendale, New Town, Williston, Casselton and Watford City. Counties with the highest percent increases (compared with the fourth quarter of 2016) were McKenzie, Williams, Dunn, Logan and Cavalier Counties.

Consistent with the 2017 annual report, the mining and oil extraction, wholesale trade and other services sectors showed the highest percent increases for the 4th quarter when compared with those sectors for 2016.

The complete 2017 annual and 2017 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online:

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