The Business Roundtable CEO Economic Outlook Survey similarly expects slow growth in the range of 2.2 percent for the coming year, reflecting "slightly increased optimism despite an underperforming economy that continues to grow more slowly than we all would like."
"CEOs remain concerned about ongoing uncertainty stemming from the continuing fiscal stalemate that in turn prevents work on, among other priorities, reforms to the corporate tax code and our immigration laws, both of which if accomplished would improve the country's economic climate, attract investment and spur growth," according to the Business Roundtable report.
The Business Roundtable surveyed 120 CEOs in November, 73 percent of whom expected sales will increase in the next six months, while 18 percent anticipate sales to remain the same as the current period.
Evolution Finance Inc.'s WalletHub financial website was slightly more optimistic about 2014, predicting the GDP will rise to 3 percent while unemployment will slip below 7 percent.
"WalletHub interviewed a number of leading economists in preparing its 2014 predictions, and the general consensus is that the economy will continue its slow growth in 2014, turning the year into the transitionary period that '13 should have been and bringing the economy back on track heading into 2015," according to the site.
Meanwhile, the Institute of Supply Management (ISM)'s Business Survey Committee surveyed generally optimistic purchasing and supply executives for its 2014 economic forecast.
"Our forecast calls for a continuation of growth in 2014, building on the momentum from the second half of 2013. Respondents expect raw materials pricing pressures in 2014 to be low, similar to levels experienced in 2013, and expect their margins will improve," the ISM report stated.
Manufacturing experienced six consecutive months of growth from June through November 2013, while experiencing only one month of contraction during the entire first 11 months of 2013, according to ISM.
About 69 percent of survey respondents expect manufacturing revenues to be greater in 2014 than in 2013, with an overall 4.4-percent net increase in revenues for 2014, compared with a 4.6-percent jump reported for 2013 over 2012 revenues.