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Decrease mainly the result of lower construction intentions for multi-family dwellings.
Third straight month of declining optimism drops index to 104.5.
March orders up 3.3 percent year-over-year.
The company reported a loss of $18.5 million for the quarter.
Index records 4.1 percent gain over April 2016.
Pensky will transition into the role of special advisor to the CEO in Sept.
Profit was $12.2 million for the quarter.
Company announces two promotions in waterworks leadership positions.
Goods and services deficit down year over year.
Prices decreased by 0.2 percent in the EU28.
Headquarters will remain in Stuttgart, Germany.
