North Dakotans are spending more money, report says

(The Center Square) – North Dakotans spent 17% more in the first half of 2023 compared to the same period in 2022, according to a report from the state tax commissioner.

Taxable sales and purchases were at $6.9 billion for April, May and June. The mining and oil extraction sector led other industry sectors with a 51.2% increase, according to the data.

“North Dakota’s energy sector once again posted the largest increase compared to other categories, said Tax Commissioner Brian Kroshus. “This is attributable to various factors including a strong demand, both at home and abroad, fewer supply-chain disruptions and heightened economic activity.”

The wholesale trade industry increased 25.2% during the second quarter.

“Through the first half of 2023 our economy continues to perform extremely well, exhibiting strong growth in taxable sales and purchases versus last year across virtually all major categories including energy and agriculture,” Kroshus. “The solid performance in quarter two is further evidence of our state’s healthy economy.”

- Advertisement -

Minot’s sales and taxable purchases are up 13% over last year, the only double-digit increase among North Dakota’s four largest cities. Bismarck’s increase is 4.7%, Fargo’s 4% and Grand Fork’s 3.6%.

New Town has the most significant increase among North Dakota cities at 115%, according to the data. The town is home to 4 Bears Casino and Lodge. McHenry County, part of the Minor metropolitan area, increased sales and taxable purchases by 74.9%.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Seattle police eye GPS tech as alternative to high-speed pursuits

(The Center Square) – The Seattle Police Department is...

Medical debt relief bill clears House

(The Center Square) - For many Pennsylvanians, medical debt...

Report: Louisiana still battling fentanyl crisis

(The Center Square) — Louisiana continues to face one...

WATCH: Illinois In Focus Daily | Wednesday May 14th, 2025

(The Center Square) – In today's edition of Illinois...

ICE-D.C. sweep: 189 arrests, notices to 187 local businesses

(The Center Square) – U.S. Immigration and Customs Enforcement-District...

Border Patrol applications highest in U.S. history under Trump

Since President Donald Trump took office, U.S. Border Patrol...

More like this
Related

From Boulder to the Big Leagues: How Shedeur Sanders’ Draft Journey Mirrors Eli Manning’s Past

Why Shedeur Sanders Became a College Football and Video...

Seattle police eye GPS tech as alternative to high-speed pursuits

(The Center Square) – The Seattle Police Department is...

Medical debt relief bill clears House

(The Center Square) - For many Pennsylvanians, medical debt...

Report: Louisiana still battling fentanyl crisis

(The Center Square) — Louisiana continues to face one...