March demand growth represented a moderate slowdown relative to performance in February after adjusting for the distortion in the
year-to-year comparisons owing to the extra day in February 2016.
Nevertheless, the numbers are valid for
year-to-year comparisons.
No
year-to-year comparisons were available because it was the first time for the company to release earnings results for the April-December period.
Sega did not provide
year-to-year comparisons because it is the first time the company has reported quarterly earnings results.
The early result will be difficult
year-to-year comparisons.
At the national level, change occurred in 14% of the opportunities, so that most of the
year-to-year comparisons showed no change.
The approach being taken by ASIS differs from most other such studies in that a portion of the same group of professionals who responded to this questionnaire will be tracked for future compensation surveys, which should make the
year-to-year comparisons more valid.
Culp III, chief executive of Culp, commented: "We had earlier indicated that the
year-to-year comparisons in both the first and second fiscal quarters would be challenging.
It also can mislead, particularly when it's used to make firm-to-firm, interoffice or
year-to-year comparisons. A firm with a 25% profit margin is not necessarily less profitable than one with a 30% margin, depending on the number of partners.
Seiko did not provide
year-to-year comparisons because it was the first time for the company to release earnings results for the nine-month period.
