Boston, Massachusetts and the country are well-positioned for continued economic success in 2014, experts say, though we might not see the type of growth that came unexpectedly in 2013.
"Boston is in a great position because the economic engine of Boston is very dynamic at the moment," said Hub advertising giant Jack Connors.
Connors said the region's strengths in heath care, biotech and academia will serve Greater Boston's economy well in the coming year and beyond.
"I'm feeling very bullish about 2014 and 2015 and 2016 for the Greater Boston area," Connors said.
Connors said Mayor-elect Martin J. Walsh should be able to build on Mayor Thomas M. Menino's economic success.
"If he surrounds himself with the right people, and he's committed to the same kind of goodness, he is going to be very successful," Connors said.
Statewide, the year is coming to a close on a somewhat sour note, as the state unemployment rate rose above the national rate for the first time in six years. Still, the state should see slow, continued growth next year.
"I would think we'd probably parallel the U.S. in 2014," said Elliot Winer, a former chief economist for the state.
Winer said he expects to see the state add between 5,000 and 10,000 jobs a month.
"I'm not expecting to see a huge, dramatic upturn," Winer said.
He said the state's traditional industries — including health care — have shown strong growth, but other sectors have not.
"The other industries are basically flat," Winer said.
Labor and Workforce Development Secretary Joanne Goldstein told the Herald last week the state is still in a good economic position.
"The economy is going in the right direction," Goldstein said. "We continue to be optimistic."
Nationally, numbers released Friday showed the economy grew at its fastest rate since 2011 in the third quarter of 2013, and several indices hit record highs at the closing bell Friday evening.
Still, economists do not expect that growth rate to continue next year.
"We are going to do well this coming year," said Christine Armstrong, senior vice president at Morgan Stanley. "2014 is not going to be as fabulous in our opinion as 2013 was, but there are still so many attractive things going on."
Armstrong said the biggest concerns through 2013 — Syria, Israel, the government shutdown — have ended up not wreaking havoc on the economy and stock market the way some initially feared they might.
"2014 will hopefully be a good year. We have taken those concerns off the table," Armstrong said.
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