Growth in manufacturing, construction contributing to 2014 outlook

The U.S. economy is expected to be strong in 2014 thanks to growth in the manufacturing industry and an increased amount of spending in construction.

Factory activity in December 2013 and a jump in hiring for the manufacturing industry are key components experts believe will factor in to a positive economy, The Associated Press reported.

The Institute for Supply Management said the manufacturing activity index for December dropped a few points to 57 percent from the 57.3 percent in November. Although this is a decline, it is the second-highest reading since April 2011.

Employment among the manufacturing industry looks to be adding new faces in 2014 as the December Employment Index registered 56.9 percent, the best reading since April 2011. ISM monitors 18 manufacturing industries and found that 13 showed job growth in December 2013, which is a good sign for the start of 2014. Businesses who are looking to add more employees in order to meet demands can look to manufacturing recruiters to help them fill job openings.

Jobs among the manufacturing industry are one of the key areas experts believe will grow in 2014. Barclays Capital economist Cooper Howes told the AP he expects this industry to add an average of 20,000 jobs a month in 2014. This estimate would be a big step up from the first 11 months of 2013 when the average job additions were 5,000 a month.

Economy looks positive for 2014
Construction spending increased 1 percent in November to come to a seasonally adjusted annual rate of $934.4 billion, the highest total in four years, the Commerce Department stated.

The economy has shown brief glimpses of being sustainable since the recession ended in 2009, but Paul Dales, an economist for Capital Economics told the AP this year may stay level.

"There was strength in some important sectors of the economy at the end of last year,"  Dales said. "[The new year] 2014 could be the year where the recovery really starts to gain some ground."