The true money supply has grown to $2,232 billion in December 2009.

The annual growth rate has now slowed down to 3.2%:

A sustained drop below 3% is most of the time a good recession indicator. Given that we are still in a recession which may be declared over soon, this may be just another indicator of the coming double dip recession, as I have outlined a few days ago.

Related posts:

1. US Money Supply – December 2010
2. Money Supply Growth – December 2008
3. Money Supply – November 2009