Tax Commissioner reports positive growth
Kristen Jones
Farmer Staff Writer
Taxable sales and purchases in McKenzie County were 26.55 percent higher in the third quarter (Q3) of 2022 than the same time frame of 2021. The state saw an overall increase of 27.49 percent.
Statewide, taxable sales and purchases for Q3, which is July, August, and September, totaled $6.7 billion according to the North Dakota Office of State Tax Commissioner (NDOSTC).
“Third quarter economic activity in the state was extremely strong, with measurable gains in taxable sales and purchases occurring across the state,” said Tax Commissioner Brian Kroshus. “Each of North Dakota’s 50 largest communities posted an increase, compared to the prior year, and all 15 of the state’s major industry sectors reflected year-over-year growth.”