Your inside source for real estate, development and construction information serving the counties of Mecklenburg, Union & Iredell VOLUME 97 NUMBER 115 ■ MECKTIMES.COM
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TUESDAY, DECEMBER 21, 2021 ■ $2.00
New tenant to open 3 concepts in Gibson Mill Market Page 4
Baby Boomers and Millennials Are Competing for Homes, and Boomers Are Winning Page 2
Housing Market Moderation Gives Buyers Breathing Room Page 3
4 Rules for Becoming a Better Negotiator Page 5
Bad Interview May Signal Bad Management Page 6
Stocks edge lower on Wall Street as rally momentum cools Page 7
Prices For Construction Materials Continue To Outstrip Bid Prices Over 12 Months, Despite Dip In September, Amid Increasing Supply-chain Problems Construction Officials Renew Push for Immediate Removal of Tariffs on Key Construction Materials, Urge Congress and the Administration to Take Steps to Repair “Every Level” of the Supply Chain The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery prob-
lems intensified, according to an analysis by the Associated General Contractors of America of government data released today. Association officials urged Washington officials to end tariffs on key construction materials and take steps to help unknot snarled supply points. “Construction materials costs remain out of control despite a decline in some inputs last month,” said Ken Simonson, the association’s chief economist. “Meanwhile, supply bottlenecks continue to worsen.” The producer price index for new non-
residential construction—a measure of what contractors say they would charge to erect five types of nonresidential buildings—rose 5.2 percent over the past 12 months, despite a decline of 0.9 percent in the latest month. From September 2020 to last month, the prices that producers and service providers such as distributors and transportation firms charged for construction inputs jumped 17 percent, Simonson noted.
PLEASE SEE MATERIALS ON PAGE 6
From the moment a job candidate meets the interviewer, there may or may not be noticeable chemistry between the two. The lack of chemistry could readily affect an inexperienced interviewer. He may write off the candidate from the start simply because he does not feel connected to the person. An experienced manager may recognize the disconnect between the two but overlook it and focus on the person’s skills and work history.
Story, page 6