BISMARCK, N.D. – Tax Commissioner Ryan Rauschenberger announced today that taxable sales and purchases show robust growth for North Dakota’s economy throughout the second quarter of 2014. Seeing its largest increase since the third quarter of 2012, April, May and June of 2014 showed more than an 11 percent growth in total taxable sales and purchases compared to the same months in 2013.
“The second quarter report shows a very strong, yet sustainable growth rate for North Dakota’s economy,” said Rauschenberger. “We haven’t seen this large of an increase in nearly two years.”
North Dakota’s total taxable sales and purchases for the second quarter of 2014 were $7.029 billion. This figure is up $716.7 million compared to the same months in 2013, when taxable sales and purchases were $6.312 billion.
Click here to read more: 2014 2nd Quarter ND Sales Purchases