HomeMagazine2015October 2015, Vol. 242, No. 10North Dakota Taxable Sales Plummet as Rig Count Faulters

October 2015, Vol. 242, No. 10

Web Exclusive

North Dakota Taxable Sales Plummet as Rig Count Faulters

BISMARCK, N.D. (AP) — North Dakota’s taxable sales and purchases dropped more than 16% during April, May and June compared to the same quarter a year ago because of a decline in activity in the western oil patch. It is only the second such quarterly decline since 2009, but officials say they’re not surprised nor too concerned given the tremendous growth in taxable sales and purchases the state has experienced in recent years. “Hopefully this is just a short-term situation,” said Mike Rud, president of the North Dakota Retail Association. “We weren’t going to keep running at levels we were running at anyway.” The state recorded $5.9 billion i

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}