A sluggish housing market is weighing on growth. James Hardie Industries (JHX -15.03%) is feeling the pressure from a difficult housing cycle. Shares of the building materials manufacturer traded down 15% as of 1 p.m. ET Tuesday following the release of the company's latest quarterly report. Sales growth in a subdued market James Hardie is an Australian manufacturer of construction materials best known for its Hardie Board fiber- cement house siding. The company earned $0.40 in the quarter on revenue of$1 ...