Author: Gregory J. McKee
Publisher:
ISBN:
Category : Cooperative societies
Languages : en
Pages : 14
Book Description
Cooperatives are a vital component of the North Dakota economy. Owned by their customers or by privately-held firms, cooperatives provide a variety of goods and services to North Dakota. Based on data provided by the North Dakota Secretary of State, 332 businesses operating in North Dakota identified themselves as cooperatives in 2010; 256 are headquartered in the state. The economic contribution of the North Dakota cooperatives reaches beyond the local communities where they are headquartered. In 2010, the operations of electric, credit, farm supply and farm output marketing, and telecommunication cooperatives headquartered in North Dakota generated $3.5 billion of gross business sales. These sales led to secondary business volume of $2.1 billion. Hence, these 256 cooperatives made a total economic contribution to the state economy of $5.6 billion. The economic contribution of cooperatives is also comprised of jobs, labor income and tax revenue to the state. The 256 cooperatives featured in this study employ approximately 8,000 people on a full time basis in North Dakota. These employees were paid approximately $1.1 billion in wages and benefits. After the cost of goods sold, the principal expenditure of the cooperatives in North Dakota is employee compensation. The gross sales generated by the cooperatives, and the expenses generated by cooperative employee household spending generated an additional 17,000 full time jobs and $0.6 billion in wages and benefits in the North Dakota economy. Together, these activities generated a corporate, payroll and personal taxes contribution of $342 million to the state.
The Economic Contribution of North Dakota Cooperatives to the North Dakota State Economy
Author: Gregory J. McKee
Publisher:
ISBN:
Category : Cooperative societies
Languages : en
Pages : 14
Book Description
Cooperatives are a vital component of the North Dakota economy. Owned by their customers or by privately-held firms, cooperatives provide a variety of goods and services to North Dakota. Based on data provided by the North Dakota Secretary of State, 332 businesses operating in North Dakota identified themselves as cooperatives in 2010; 256 are headquartered in the state. The economic contribution of the North Dakota cooperatives reaches beyond the local communities where they are headquartered. In 2010, the operations of electric, credit, farm supply and farm output marketing, and telecommunication cooperatives headquartered in North Dakota generated $3.5 billion of gross business sales. These sales led to secondary business volume of $2.1 billion. Hence, these 256 cooperatives made a total economic contribution to the state economy of $5.6 billion. The economic contribution of cooperatives is also comprised of jobs, labor income and tax revenue to the state. The 256 cooperatives featured in this study employ approximately 8,000 people on a full time basis in North Dakota. These employees were paid approximately $1.1 billion in wages and benefits. After the cost of goods sold, the principal expenditure of the cooperatives in North Dakota is employee compensation. The gross sales generated by the cooperatives, and the expenses generated by cooperative employee household spending generated an additional 17,000 full time jobs and $0.6 billion in wages and benefits in the North Dakota economy. Together, these activities generated a corporate, payroll and personal taxes contribution of $342 million to the state.
Publisher:
ISBN:
Category : Cooperative societies
Languages : en
Pages : 14
Book Description
Cooperatives are a vital component of the North Dakota economy. Owned by their customers or by privately-held firms, cooperatives provide a variety of goods and services to North Dakota. Based on data provided by the North Dakota Secretary of State, 332 businesses operating in North Dakota identified themselves as cooperatives in 2010; 256 are headquartered in the state. The economic contribution of the North Dakota cooperatives reaches beyond the local communities where they are headquartered. In 2010, the operations of electric, credit, farm supply and farm output marketing, and telecommunication cooperatives headquartered in North Dakota generated $3.5 billion of gross business sales. These sales led to secondary business volume of $2.1 billion. Hence, these 256 cooperatives made a total economic contribution to the state economy of $5.6 billion. The economic contribution of cooperatives is also comprised of jobs, labor income and tax revenue to the state. The 256 cooperatives featured in this study employ approximately 8,000 people on a full time basis in North Dakota. These employees were paid approximately $1.1 billion in wages and benefits. After the cost of goods sold, the principal expenditure of the cooperatives in North Dakota is employee compensation. The gross sales generated by the cooperatives, and the expenses generated by cooperative employee household spending generated an additional 17,000 full time jobs and $0.6 billion in wages and benefits in the North Dakota economy. Together, these activities generated a corporate, payroll and personal taxes contribution of $342 million to the state.
Trends in the North Dakota Economy
Author: Randal C. Coon
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 72
Book Description
North Dakota Blue Book
Author:
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 516
Book Description
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 516
Book Description
Unemployment Insurance and the North Dakota Economy
Author: North Dakota. Unemployment Compensation Division
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 72
Book Description
"The fundamental purpose of the detailed study, therefore, was to determine the adequacy of the Unemployment Compensation Program; to determine financial requirements for its safe operation under various types of conditions; and finally, to determine whether a basis existed for the development of a long-range financial policy which would permit minimizing fluctuations in tax rates in the future without endangering the solvency of the system"--Page 2.
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 72
Book Description
"The fundamental purpose of the detailed study, therefore, was to determine the adequacy of the Unemployment Compensation Program; to determine financial requirements for its safe operation under various types of conditions; and finally, to determine whether a basis existed for the development of a long-range financial policy which would permit minimizing fluctuations in tax rates in the future without endangering the solvency of the system"--Page 2.
The North Dakota Economy
Author: Thor A. Hertsgaard
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 40
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 40
Book Description
A Comprehensive Look at North Dakota
Author: North Dakota Economic Development Commission
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 122
Book Description
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 122
Book Description
North Dakota's Economy and Productivity
Author: Bob Bushey
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : North Dakota
Languages : en
Pages : 28
Book Description
Economic Contribution of State Parks to the North Dakota Economy
Author: John F. Mittleider
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
Book Description
The North Dakota Economy
Author: Thor A. Hertsgaard
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 32
Book Description
The Role of Agriculture in the North Dakota Economy
Author: F. Larry Leistritz
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 109
Book Description
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 109
Book Description