Rauschenberger: 2014 Annual Taxable Sales and Purchases Exceeds $28 Billion

BISMARCK, N.D. – Tax Commissioner Ryan Rauschenberger today released the 2014 annual North Dakota taxable sales and purchases report.  Taxable sales and purchases during calendar year 2014 totaled $28.2 billion, an increase of nearly 11 percent over the $25.47 billion in 2013.

“Eleven percent is a substantial increase in North Dakota taxable sales and purchases, well above the 2 percent rate of inflation,” stated Ryan Rauschenberger.  “This report shows a continuation of the rapid sales growth experienced nearly every year since 2010.”

Ten of the 15 major industry sectors saw growth from 2013 to 2014.  Most notable among those showing increases were the wholesale trade industry with a $955 million increase (14.84 percent), the mining and oil extraction industry with a $806.4 million increase (18.38 percent), and the retail trade industry with a $328.77 million increase (5 percent).

The industry sectors with the most noticeable decreases were the construction industry with a $22 million decrease (-2.23 percent); the utilities industry with a $18.4 million decrease (-7.38 percent); and the educational, healthcare and social services industries with a $3.85 million decrease (5.84 percent).

The annual report includes data for the largest 200 cities in North Dakota, of which 82 reported increases and 116 reported decreases compared to 2013.

Of the 200 largest cities in North Dakota, the highest percent increases of 2014 (compared to 2013) were as follows:

  • Burlington – Increase of 198.21 percent
  • Davenport – Increase of 126.05 percent
  • Sawyer – Increase of 83.71 percent
  • Reeder – Increase of 83.28 percent
  • Des Lacs – Increase of 82.52 percent

“All of the cities that experienced a near doubling of the sales tax bases are small,” Rauschenberger said. “Significant growth occurred not only in the oil-rich western side of the state, but also throughout nearly every region of the state.”

Rauschenberger went on to point out that a majority of the state’s larger population centers also posted strong growth. Six of the state’s eight major metropolitan/micropolitan areas – Bismarck (.21 percent), Dickinson (19.36 percent), Fargo (West Fargo 14.55 percent; Fargo 4.12 percent), Grand Forks (.38 percent), Minot (.36 percent) and Williston (8.71 percent) – saw an increase in taxable sales and purchases in 2014.  Jamestown (-4.75 percent) and Wahpeton (-3.58 percent) are the two that saw decreases.

Statistics for the state’s 53 counties are also included in the report.  Counties with the highest percent increases of 2014 (compared to 2013) were as follows:

  • Dunn County – Increase of 62.41 percent
  • Bottineau County – Increase of 44.33 percent
  • McKenzie County – Increase of 39.44 percent
  • Slope County – 29.78 percent
  • Billings County – 22.95 percent

The 2014 annual North Dakota taxable sales and purchases report serves as a summary of economic activity that occurred in the state.  The complete report can be accessed online at www.nd.gov/tax.

Graph: ND Total Taxable Sales & Purchases 5 Year $ Comparison

ND Total Taxable Sales & Purchases 5 Year $ Comparison

Graph: ND Taxable Sales & Purchases by Industry 2014

ND Taxable Sales & Purchases by Industry 2015

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