1Q18 Taxable Sales For The State Of North Dakota -- June 28, 2018

I thought I had posted this recently. I don't think. What I posted recently was taxable sales for CY 2017.

This is about taxable sales for 1Q18 -- seems like it took a long time to post the data for 1Q18 but ... whatever.

From The Bismarck Tribune:

“This 10 percent increase in the first quarter (1Q18) is the largest year-over-year growth we’ve seen since 2014,” Tax Commissioner Ryan Rauschenberger said. “We are continuing with positive gains as this is the fourth quarter in a row that we’ve seen growth in this report … The increase in oil activity in the western part of the state played a major role in moving this report to a double-digit positive again.”

Williams and McKenzie counties saw 33.29 percent and 37.32 percent increases respectively.

And more:

“Williston has moved back to having the second-largest taxable sales and purchases in the state, with Fargo holding at first,” Rauschenberger said.

Williston’s taxable sales and purchases were up 33.19 percent, while Fargo’s were down 1.96 percent.

Watford City, another oil field town had a taxable sales and purchases increase of 40.63 percent. Tioga was up 38.36 percent, New Town was up 28.15 percent and Dickinson was up 14.72 percent.

Other links:

• news
• press release 
• statistical

It wasn't that long ago that the East Coast mainstream media was "writing off" Williston. On June 29, 2015, The Atlantic Monthly famously said the Bakken boom was a bust (a blog post) or you can click on this link and go directly to the article.