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Banker: More Jobs Needed To Fix Economy

univestUnivest Senior Vice President of Investments Bill VanSant says he sees mixed signals on the economy. He says consumer confidence has dipped to its lowest level in 2 1/2 years while housing starts are up, but only by a little bit, and it will take a long time for the housing market to recover.

“That’s going to be a big ship to steer, and people aren’t really going full bore into that market, and I think it has a lot to do with confidence, especially if there’s any potential issue with employment or they feel that their job is not stable, so that definitely affects those numbers, but at least you’re seeing retail sales have been trending up, so that’s an encouraging sign, but not at the capacity that everyone would want to really get this economy moving.”

VanSant says Ford’s latest sales numbers are up, so people are buying American cars, but even companies that are doing well are not hiring, and they need to create more jobs if the economy is to fully recover.  He appeared Wednesday on the WNPV talk program Comment Please by Univest.”

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WNPV AM 1440
State Rep: Drug Addiction Often Starts at Home The problems associated with the use of painkillers has led to deaths in teens an young adults.
WNPV AM 1440
Local Doctor Runs The Boston Marathon for The 14th Time Sellersville cardiologist, Dr. Todd Aldefer was at the Boston Marathon last year. He participated again today.
WNPV AM 1440
Police: Lansdale Man Attacks Mother and Sister Lansdale police are called to a home on East Third Street in Lansdale for a family dispute that turned violent.
WNPV AM 1440 Reminder ... Mike Bruckner of Professional Adjustment will be on "Premium Coverage" tomorrow at 11:10 AM. Learn how to deal with your insurance company's adjuster to get the insurance settlement you are entitled to when you suffer a loss. Call him at 215-855-8211 or 800-355-9678 between 11:10 AM and noon.
WNPV AM 1440
Pa’s River of The Year Serves Many Montco. Communities The Schuylkill River is the Pennsylvania River of the Year. It washes the shores of 16 municipalities in Montgomery County along a 42 mile stretch of riverfront.
WNPV AM 1440
Lansdale Gets Some Help From Septa On Project Septa is helping Lansdale’s Madison Lot Project by way of funding for engineering costs associated with the building of a pedestrian bridge over the railroad tracks that separates the lot from the train yard.

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