Economic 4th Quarter Growing, but Also Uncertain [AUDIO]

As we move through the fourth quarter of 2011, economists predict some growth, but there remains pitfalls on the slow road to recovery.

Mitchell Koza of the Rutgers-Camden School of Business is an expert on the global economy. He generally agrees with the notion the 4th quarter could see growth of between two and three percent. But Koza cautions some of that hinges on how healthy holiday retailing will be...and how overseas markets shape up as the year ends. He says, "what we are talking about is our embededness in the global economy. And the reaility is we are no longer, if we ever were, master of our own fate."

Add to this newly-resurrected concerns over oil prices, and you get a picture that is not all that clear about final quarter advances. The price of a barrel of crude toyed with 100 dollars recently. A signifigant rise in oil prices could at least further slow an already slow economy.