Durable U.S. Recovery at Hand as Growth Shifts

Almost three years after it began, the U.S. recovery may strengthen as autos and housing begin to reemerge as mainstays of growth.

“The traditional engines that tend to give you a recovery are kicking in now,” Joseph Carson, director of global economic research at AllianceBernstein LP in New York, said in an interview. “We’re seeing confirmation of sustainability from all sides. That’s a real business cycle.”