Null Hypothesis:

Obs

F-Statistic

Prob.

LENDRATE does not Granger Cause GDP

30

0.38015

0.5427

GDP does not Granger Cause LENDRATE

2.76555

0.1029

DEP does not Granger Cause GDP

30

2.09530

0.0543

GDP does not Granger Cause DEP

1.49728

0.0317

CPS does not Granger Cause GDP

30

6.30633

0.0143

GDP does not Granger Cause CPS

3.54671

0.0705

MKTCAP does not Granger Cause GDP

30

0.04206

0.1041

GDP does not Granger Cause MKTCAP

2.41481

0.0518

MONIMKT does not Granger Cause GDP

30

0.23557

0.6313

GDP does not Granger Cause MONIMKT

0.00322

0.9552

NOILEXP does not Granger Cause GDP

30

0.05746

0.8124

GDP does not Granger Cause NOILEXP

0.41324

0.5258