YTD Growth Rate definition

YTD Growth Rate. {[(1Q98 Factory Sales of Product-4Q97 Factory Sales of Product)/4Q97 Factory Sales of Product] + [(2Q98 Factory Sales of Product-1Q98 Factory Sales of Product)/1Q98 Factory Sales of Product] + [(3Q98 Factory Sales of Product -2Q98 Factory Sales of Product)/2Q98 Factory Sales of Product]}/3.