ST Alpha - "Ummmm..I don't think they're additive. "From March to April" so I think it is like the additional 50% from a previous 50% doesn't equal 100%" (Reading a Post)

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In response to "16.4 + 8.3 = 24.7. -- nm" by David

Ummmm..I don't think they're additive. "From March to April" so I think it is like the additional 50% from a previous 50% doesn't equal 100%

Posted by JD (aka Jason Dean) May 15 '20, 08:52

Actually, I think at least part of the math is in the first sentence

"The Commerce Department’s report Friday on retail purchases showed a sector that has collapsed so quickly that sales over the past 12 months are down a crippling 21.6%"

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Hmm, you're probably right, and I'm wrong. I'd have to see the full numbers to figure out what they've calculated. -- nm - David May 15, 08:53 1
- Monthly Retail Trade Report -- (link) - JD May 15, 08:59

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Ummmm..I don't think they're additive. "From March to April" so I think it is like the additional 50% from a previous 50% doesn't equal 100%

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