Univest Executive Says Economy is Offering Mixed Messages

An executive with Univest Bank says there continues to be mixed messages in the local economy. Phil Jackson is President of Corporate Banking.

“It’s a dichotomy of good ness and bad news. The good news is, industry segments are improving. The housing sector is getting better. There are more home that are being sold and the days they are on the market are less and prices have stabilized. If you’re in the auto business, auto sales are up.”

But Jackson says, The economy will continue to be sluggish until employment numbers improve.

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