For Q4 2006, Dr. Kennedy has calculated Net Equity Extraction as $82.8 Billion, or 3.42% of Disposable Personal Income (DPI).This graph shows the MEW results, both in billions of dollars quarterly (not annual rate), and as a percent of personal disposable income.
Although my estimate (presented yesterday) is close, I'd prefer to use the Kennedy-Greenspan numbers to avoid confusion. I will also present an advance estimate based on the BEA estimates when the advance GDP report is released (more later today on this advance estimate).