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North Dakota posts $5.9 billion in second quarter taxable sales, up 11.5% from previous year

"This is the fifth consecutive quarter that North Dakota has seen double-digit growth in taxable sales and purchases," North Dakota Tax Commissioner Brian Kroshus said via press release. "This growth shows that the state’s economy has been consistently growing since the second quarter of 2021.”

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Brian Kroshus, right, spoke at a press conference on Tuesday, Dec. 21, at the Capitol building in Bismarck after Gov. Doug Burgum, left, announced he will take over as North Dakota's next tax commissioner.
Michelle Griffith / The Forum
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BISMARCK — North Dakota Tax Commissioner Brian Kroshus announced via press release Thursday, Sept. 15, that the state saw an 11.5% increase in taxable sales and purchases in the second quarter from 2021 to 2022.

In total, taxable sales and purchases for April, May and June were $5.9 billion, Kroshus's office stated.

"This is the fifth consecutive quarter that North Dakota has seen double-digit growth in taxable sales and purchases," Kroshus said via press release. "This growth shows that the state’s economy has been consistently growing since the second quarter of 2021.”

Thirteen of the state's 15 major industries saw taxable sales and purchases rise year-over-year. According to the release, the greatest percentage increase came from the mining and oil extration sector, where sales were up 37.7%.

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“While inflationary pressure and a higher cost of goods is present, the strength of North Dakota’s well-rounded economy is prevalent with the majority of industries reporting growth” Kroshus added via release. “The mining and oil extraction sector and wholesale trade sector have also experienced double-digit growth each quarter since the second quarter of 2021.”

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Of North Dakota's four largest cities, the largest increase was in Minot, where sales were up 5.5%. Bismarck saw a 2% increase, while increases in Fargo and Grand Forks were 1.7% and 0.6%, respectively.

Among the state's 50 largest cities, Tioga saw the greatest increase in taxable sales and purchases. Sales were up 68.5% in the Williams County city.

For the full report, visit tax.nd.gov/data .

Our newsroom occasionally reports stories under a byline of "staff." Often, the "staff" byline is used when rewriting basic news briefs that originate from official sources, such as a city press release about a road closure, and which require little or no reporting. At times, this byline is used when a news story includes numerous authors or when the story is formed by aggregating previously reported news from various sources. If outside sources are used, it is noted within the story.
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