NoDak's 1Q taxable sales surge 52 percent

North Dakota's Tax Department says the state recorded $5.3 billion in taxable sales during the first three months of 2012, the Associated Press reports. Commissioner Cory Fong says, "We are growing at a level beyond what we could have expected." North Dakota also has the nation's lowest unemployment rates.
Author:
Publish date:

North Dakota's Tax Department says the state recorded $5.3 billion in taxable sales during the first three months of 2012, the Associated Press reports. Commissioner Cory Fong says, "We are growing at a level beyond what we could have expected." North Dakota also has the nation's lowest unemployment rates.

Next Up

Related

Study: NoDak oil output could jump threefold by 2025

The new study by Bentek Energy LLC of Colorado shows North Dakota's oil production could jump to more than two million barrels a day by 2025, the Associated Press reports. Natural gas production could also more than quintuple. Unfortunately, about a third of the natural gas produced in North Dakota is wasted because there's a lack of pipelines.

Ecolab's net income, sales surge in third quarter

Ecolab Inc., the St. Paul-based cleaning and pest-control giant, says its net sales jumped 74 percent to $3 billion in the third quarter, RTTNews.com reports. Net income was also up 54 percent compared to the same period a year earlier.

Minnesota honey production down 25 percent in 2011

The Associated Press reports honeybees produced 6.4 million pounds in Minnesota last year. Wisconsin also had an off year, down 12 percent. North Dakota is the nation's leader producing nearly 33 million pounds of honey in 2011.

ND voters embrace their property taxes

Voters in North Dakoka -- flush with oil boom money and enjoying the lowest unemployment in the nation -- had the chance Tuesday to become the first state to cast off property taxes. But in the end, voters decided to keep the $800 million a year the taxes raise.

NoDak sets annual oil production record

The North Dakota Department of Mineral Resources says the state pumped 173.9 million barrels through September, compared 152.9 million barrels last year, the Associated Press reports. The state agency expects to surpass 200 million barrels in 2012.