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ND Economy

ND Economy

May 30, 2013 at 1:22 pm

 

A new report suggests solid growth in north dakota’s economy in 2012.  the state’s latest taxable sales and purchase report shows s-and-p’s climbed nearly ten-percent during the fourth quarter of alst year.  Tax commissioner cory fong says the state is well positioned for additional growth in 2013.  fong says he would anticipate a more sustainable pace than the last few years.  he adds the a steadying in the growth may become the new normal and allow the state to better meet the needs of those areas growing at a record setting pace.    All sectors of the economy recorded gains last year.   Fourth quarter s-and-p’s climbed three-point-45 percent in grand forks compared to just shy of three-percent in fargo and less than one-percent in Bismarck.  For all of 2012 the numbers jumped nine-point-three percent in grand forks.

Jarrod Thomas

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