Company lowers outlook as slow-growth environment persists.
Day: October 19, 2016
Year-to-date sales decreased 4.3 percent year-over-year.
Year-to-date sales increased 6.6 percent year-over-year.
Quarterly decline was a result of lower spending on commercial and industrial building construction.
Ross Porter appointed to role.
Privately owned housing starts down 9 percent compared with August.
Increase due to higher sales of food, primary metal, and petroleum and coal products.