North Dakota’s taxable sales and purchases last year rose nearly $2 billion over 2020, the year the coronavirus pandemic began and caused severe disruptions to society.
The state Tax Office on Tuesday reported $20.3 billion in taxable sales and purchases in 2021, a 9.2% increase from 2020’s $18.6 billion.
State Tax Commissioner Brian Kroshus said the increase “demonstrates continued economic recovery and a gradual return to pre-pandemic levels.”
“After a year of significant decline in 2020, it’s encouraging to see the North Dakota economy regain its footing this past year,” he said in a statement.
Thirteen of 15 major industry sectors reported increases from 2020.
Transportation and warehousing rose 43.4%; arts, entertainment and recreation gained 38.7%; and retail trade rose 12.7%.
Kroshus said the 13 sectors’ increases are “a testament to the strength of our state’s diversified economy.
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“In the second, third, and fourth quarters of 2021, most industry sectors were noticeably increasing, instead of contracting,” he said.
Bismarck’s taxable sales and purchases increased 9.9% last year, to $1.66 billion; Mandan’s rose 5% to $292.8 million.
The data can be viewed at tax.nd.gov/data.
Reach Jack Dura at 701-250-8225 or firstname.lastname@example.org.