Post by Logan on Jun 28, 2016 23:46:49 GMT -6
Taxable first-quarter sales and purchases in North Dakota this year declined by 33.24 percent compared with the first quarter last year, according a report released Tuesday morning, June 28, by the Office of State Tax Commissioner.
The decrease continues a four-quarter downturn that began the second quarter of 2015.
The state reported $3.43 billion in taxable sales and $465 million in taxable purchases for the three-month period between January and March.
Of the state’s 53 counties, 40 reported a decrease in first quarter taxable sales and purchases, with Burke, Williams and McKenzie counties showing the greatest decreases in percentage change. Thirteen counties showed a positive percentage change in taxable sales and purchases.
Read more: www.inforum.com/business/4063706-north-dakota-sees-33-percent-drop-taxable-sales
The decrease continues a four-quarter downturn that began the second quarter of 2015.
The state reported $3.43 billion in taxable sales and $465 million in taxable purchases for the three-month period between January and March.
Of the state’s 53 counties, 40 reported a decrease in first quarter taxable sales and purchases, with Burke, Williams and McKenzie counties showing the greatest decreases in percentage change. Thirteen counties showed a positive percentage change in taxable sales and purchases.
Read more: www.inforum.com/business/4063706-north-dakota-sees-33-percent-drop-taxable-sales