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Sunday, May 4, 2014

Taxable Sales, North Dakota, 2013; Williston Again Leads The State; Growth Leveling Off

I haven't seen a complete report of taxable sales for 2013 in the regional media. I guess this is why: not particularly exciting. The Bismarck Tribune is reporting:
Taxable sales and purchases in the fourth quarter of 2013 did not rise over 2012 levels.
North Dakota taxable sales and purchases were $6.755 billion during October, November and December 2013. That’s a decrease of $281 million or .04 percent, compared with the same time period in 2012.
Taxable sales compared to 2012
  • Bismarck: up 2.6 percent
  • Burleigh County: up 0.39 percent
  • Mandan: up about 10 percent
  • Morton County: up 8 percent
The same was true in the oil patch; things are leveling off (slowing down?). The Williston Herald is reporting:

Williston led the state in taxable sales and purchases in 2013, bringing in more than $3.3 billion.
The city was down 3.62 percent from last year’s $3.5 billion mark.
Taxable sales by city
  • Williston: $3.3 billion (Williams County: $4.4 billion; down 5.9% from 2012)
  • Fargo: $2.6 billion
  • Bismarck: $1.8 billion
  • Minot: $1.5 billion
  • Grand Forks: $1.1 billion
  • Alexander reported growth of 67%
North Dakota: taxable sales grew 0.5% over 2012; $25.464 billion.

Major cities reported growth in 4Q13: Williston, Grand Forks, Minot, Bismarck, and Fargo.

Watford City, surprisingly, was not mentioned in either the Bismarck or the Williston papers.

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