taxable sales

ND Tax Dept.

North Dakota’s taxable sales showed a slight increase in the third quarter of 2017.

Tax Commissioner Ryan Rauschenberger said for July, August and September, taxable sales were more than $4.7 billion. That’s a 2.3 percent increase over those same months in 2016.

Rauschenberger attributes the increase to oil production in western North Dakota.

"Oil prices started coming back up," Rauschenberger said. "We had strong oil production."

Rauschenberger said the oil sector was up 80 percent compared to 2016.

Rauschenberger: Taxable sales down, but leveling off

Jun 30, 2017
ND Tax Dept.

North Dakota taxable sales and purchases were down 5 percent for the first quarter of 2017, compared to the first three months of 2016.

"We are basically at our 2011 levels right now," said Tax Commissioner Ryan Rauschenberger.

Taxable sales and purchases for the quarter were nearly $3.7 billion. The largest sector – retail trade – was at $1.3 billion. Rauschenberger said retail sales dropped slightly – but it was a much smaller decline than in the past few years.

Further Declines in ND Taxable Sales and Purchases

Jan 13, 2017

State Tax Commissioner Ryan Rauschenberger says the 3rd Quarter of 2016 saw a 20% decline in taxable sales and purchases. Commissioner Rauschenberger says the drop in revenues was not entirely unexpected…

"...I think that we anticipated that in the sense that pretty much the entire state -- mostly in the west -- was down. But the East was down too. I think the agricultural commodity prices have hit hard across the entire state."

Rauschenberger says for the west, it has been "doubled-up, with the oil activity being down."

Taxable sales and purchases in North Dakota for the second quarter of calendar 2016 were down nearly 26 percent from where they were a year ago.

Tax Commissioner Ryan Rauschenberger said taxable sales and purchases totaled $4.4 billion for the months of April, May and June. He said what’s driving it is the downturn in energy and agriculture.

"Essentially, we're seeing our numbers going back to a pre oil boom number," Rauschenberger said.