ND Sales Up 41 Percent

| 10/3/2012

In an announcement today, North Dakota`s Tax Commissioner said that during the second quarter of 2012, taxable sales and purchases in the state grew by 41 percent. Commissioner Cory Fong said that during April, May, and June retail sales grew to $1.607 billion, driving a combined growth to over $6.406 billion for all fifteen industry sectors.

"The second quarter report for taxable sales and purchases illustrates continued momentum in North Dakota`s economic growth that is spread across nearly all major industry sectors," said Fong. "Consumer confidence remains strong and businesses are growing -wholesale trade is robust and manufacturing is on the rise. And just about everywhere you go across North Dakota, there are large constructions projects in progress."

Of the 50 largest cities, the biggest increases were in New Town, Tioga, Cavalier, Watford City, and Williston.

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