Brian Kroshus Commisioner | North Dakota State Executive - Tax Commissioner
Brian Kroshus Commisioner | North Dakota State Executive - Tax Commissioner
Tax Commissioner Brian Kroshus announced a decrease in North Dakota's taxable sales and purchases for the first quarter of 2025, marking a 1.53 percent drop compared to the same period in 2024. The total for January through March was $5.65 billion, down from $5.74 billion the previous year.
"While we experienced a modest decline overall, results indicate that the North Dakota economy remained relatively stable despite economic headwinds at the national level," stated Commissioner Kroshus. He noted that steady consumer spending in retail sales suggests cautious optimism for future economic performance, particularly concerning negotiations with U.S. trade partners affecting energy and agriculture sectors.
Retail trade, North Dakota's largest sector, showed minimal change with a 0.04 percent increase year-over-year. However, wholesale trade fell by 6.1 percent while mining and gas extraction saw a rise of 6.9 percent.
Growth categories for the first quarter included Real Estate and Rental and Leasing (7.7% increase), Mining, Oil & Gas Extraction (6.9%), Transportation and Warehousing (6.2%), Health and Social Assistance (2.5%), and Manufacturing (0.1%).
In contrast, some sectors faced declines: Wholesale Trade decreased by 6.1%, Construction by 8.5%, and Accommodation and Food Services by 0.5%.
Among major cities in North Dakota, Bismarck saw a growth of 1.8%, Dickinson increased by 2.1%, while Fargo decreased by 4.9%. Grand Forks experienced a decrease of 5.3%, Jamestown declined by 4.8%, Minot fell by 6.7%, but Williston rose by 7.1%.
"Results for our larger metro areas in the state during the first quarter were mixed," said Commissioner Kroshus, highlighting growth in western regions compared to less favorable outcomes in eastern areas.
The highest percentage increases among North Dakota's largest cities were seen in Belfield (20.7%), Burlington (39.9%), Ellendale (18.%1), Garrison (49.%8), and Velva (29.%0).
Counties with significant increases included Dunn County at 17.%9 McLean County at %21..4 McHenry County at %22..7 Oliver County at %27..6 Sioux County leading with an increase of %40..7
For further details on tax-related programs, visit the Office of State Tax Commissioner's website or their social media platforms.
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