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Rauschenberger Releases 2018 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE
Tuesday, April 30, 2019

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

Rauschenberger Releases 2018 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2018 fourth quarter and the 2018 annual taxable sales and purchases reports.

2018 Annual Taxable Sales and Purchases
Calendar year 2018 taxable sales and purchases totaled $20.24 billion, a 12.54 percent increase from the $17.98 billion total in 2017.

“A 12% annual growth rate is the largest year-over-year increase in our taxable sales and purchases since 2012,” Rauschenberger stated. “We are continuing to see growth in our sectors related to oil and gas industry.”

Of the 15 major industry sectors, 14 reported taxable sales and purchases gains when compared to 2017. Most notably, the Wholesale Trade sector increased by $847.7 million (a 21.22% increase), the Mining and Oil Extraction sector increased by $835.4 million (a 42.34% increase), and the Retail Trade sector increased by $206.3 million (a 3.41% increase). The information industries sector had a decrease of 19.27%.

“You can also see how the oil industry has impacted this report when you take note that the majority of the counties with larger increases were in the west,” Rauschenberger said. “Mountrail and McKenzie counties, two major oil producing counties, both grew by over 40% in 2018.”

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 for 2018 (compared to 2017) were as follows:

  • Parshall – Increase of 323.72%
  • Sheyenne – Increase of 153.10%
  • Dunn Center – Increase of 127.14%
  • Alexander – Increase of 69.79%
  • Golden Valley – Increase of 67.95%

North Dakota’s largest cities saw the following changes, when compared with the 2017 annual report:

  • Williston – Increase of 26.17%
  • Dickinson – Increase of 14.10%
  • Minot – Increase of 3.82%
  • Fargo – Increase of 1.44%
  • Bismarck – Decrease of 2.24%
  • Grand Forks – Decrease of 12.25%

Rauschenberger added that Williston surpassed Bismarck to become the city with the second highest taxable sales and purchases in the state with a total $1.56 billion for 2018.

Counties with the highest percent increases for 2018 (compared to 2017) were as follows:

  • Mountrail County – Increase of 43.45%
  • McKenzie County – Increase of 43.29%
  • Logan County – Increase of 32.11%
  • Eddy County – Increase of 31.29%
  • Adams County – Increase of 27.16%

2018 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2018 totaled $5.4 billion, an increase of 12.6% over those months in 2017.

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 2017) were New Town, Watford City, Beach, Stanley and Hettinger. Counties with the highest percent increases (compared with the fourth quarter of 2017) were Dunn County, Mountrail County, Oliver County, Golden Valley County and Eddy County.

Of the 15 major industry sectors, 13 reported taxable sales and purchases gains when compared to the fourth quarter 2017.

The complete 2018 annual and 2018 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online:

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Ryan Rauschenberger
Tax Commissioner
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News

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Rauschenberger Releases 2018 Taxable Sales and Purchases Reports

FOR IMMEDIATE RELEASE
Tuesday, April 30, 2019

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

Rauschenberger Releases 2018 Taxable Sales and Purchases Reports

Bismarck, N.D. – Tax Commissioner Ryan Rauschenberger today released both the 2018 fourth quarter and the 2018 annual taxable sales and purchases reports.

2018 Annual Taxable Sales and Purchases
Calendar year 2018 taxable sales and purchases totaled $20.24 billion, a 12.54 percent increase from the $17.98 billion total in 2017.

“A 12% annual growth rate is the largest year-over-year increase in our taxable sales and purchases since 2012,” Rauschenberger stated. “We are continuing to see growth in our sectors related to oil and gas industry.”

Of the 15 major industry sectors, 14 reported taxable sales and purchases gains when compared to 2017. Most notably, the Wholesale Trade sector increased by $847.7 million (a 21.22% increase), the Mining and Oil Extraction sector increased by $835.4 million (a 42.34% increase), and the Retail Trade sector increased by $206.3 million (a 3.41% increase). The information industries sector had a decrease of 19.27%.

“You can also see how the oil industry has impacted this report when you take note that the majority of the counties with larger increases were in the west,” Rauschenberger said. “Mountrail and McKenzie counties, two major oil producing counties, both grew by over 40% in 2018.”

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 for 2018 (compared to 2017) were as follows:

  • Parshall – Increase of 323.72%
  • Sheyenne – Increase of 153.10%
  • Dunn Center – Increase of 127.14%
  • Alexander – Increase of 69.79%
  • Golden Valley – Increase of 67.95%

North Dakota’s largest cities saw the following changes, when compared with the 2017 annual report:

  • Williston – Increase of 26.17%
  • Dickinson – Increase of 14.10%
  • Minot – Increase of 3.82%
  • Fargo – Increase of 1.44%
  • Bismarck – Decrease of 2.24%
  • Grand Forks – Decrease of 12.25%

Rauschenberger added that Williston surpassed Bismarck to become the city with the second highest taxable sales and purchases in the state with a total $1.56 billion for 2018.

Counties with the highest percent increases for 2018 (compared to 2017) were as follows:

  • Mountrail County – Increase of 43.45%
  • McKenzie County – Increase of 43.29%
  • Logan County – Increase of 32.11%
  • Eddy County – Increase of 31.29%
  • Adams County – Increase of 27.16%

2018 Fourth Quarter Taxable Sales and Purchases

Taxable sales and purchases for October, November and December 2018 totaled $5.4 billion, an increase of 12.6% over those months in 2017.

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 2017) were New Town, Watford City, Beach, Stanley and Hettinger. Counties with the highest percent increases (compared with the fourth quarter of 2017) were Dunn County, Mountrail County, Oliver County, Golden Valley County and Eddy County.

Of the 15 major industry sectors, 13 reported taxable sales and purchases gains when compared to the fourth quarter 2017.

The complete 2018 annual and 2018 fourth quarter North Dakota Sales and Use Tax Statistical Reports can be accessed online:

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