Commercial Checks Collected through the Federal Reserve--Annual Data

The daily average volume and average daily value of items are based on the number of business days in each year.1

Year Volume
(millions
of items)
Volume
percent
change
Value
(billions
of dollars)
Value
percent
change
Average daily
volume
(millions
of items)
Average daily
value
(billions
of dollars)
Average value
per check
(dollars)
2023 3,146 -6.7 8,449 -5.6 12.6 33.8 2,685
2022 3,374 -7.8 8,948 2.2 13.5 35.8 2,652
2021 3,657 -2.9 8,758 11.2 14.5 34.8 2,395
2020 3,767 -14.2 7,875 -5.3 14.7 30.8 2,091
2019 4,389 -7.4 8,318 -2.0 17.5 33.1 1,895
2018 4,740 -8.0 8,485 0.6 18.9 33.8 1,790
2017 5,153 -1.7 8,438 4.3 20.6 33.8 1,638
2016 5,241 -3.9 8,089 -0.3 20.9 32.2 1,543
2015 5,452 -5.0 8,109 0.0 21.7 32.3 1,487
2014 5,742 -4.1 8,109 1.9 22.9 32.3 1,412
2013 5,988 -6.5 7,960 -2.4 23.9 31.7 1,329
2012 6,402 -4.3 8,152 2.6 25.5 32.5 1,273
2011 6,691 -13.2 7,944 -10.0 26.7 31.6 1,187
2010 7,712 -10.2 8,825 -15.5 30.6 35.0 1,144
2009 8,585 -10.1 10,441 -24.1 34.1 41.4 1,216
2008 9,545 -4.6 13,760 -13.5 37.9 54.6 1,442
2007 10,001 -9.8 15,899 -3.3 39.8 63.3 1,590
2006 11,083 -9.4 16,443 4.8 44.2 65.5 1,484
2005 12,228 -12.1 15,685 9.8 48.7 62.5 1,283
2004 13,904 -12.0 14,286 -7.4 55.0 56.0 1,028
2003 15,806 -4.7 15,431 2.7 63.0 61.0 976
2002 16,587 -1.9 15,033 1.2 66.0 60.0 906
2001 16,905 -0.5 14,853 7.2 67.0 59.0 879
2000 16,994 -0.5 13,849 0.4 67.0 55.0 815
1999 17,075 3.0 13,788 5.4 68.0 55.0 807
1998 16,573 3.9 13,076 7.2 66.0 52.0 789
1997 15,949 3.0 12,196 5.3 64.0 48.0 763
1996 15,487 0.1 11,584 0.1 61.0 46.0 748
1995 15,465 -6.2 11,568 -4.2 62.0 46.0 748
1994 16,479 -13.3 12,079 -14.1 66.0 48.0 733
1993 19,009 -0.2 14,067 6.2 75.0 56.0 740
1992 19,053 1.7 13,242 8.9 75.0 52.0 695
1991 18,743 0.8 12,164 -2.8 75.0 48.0 649
1990 18,595 3.2 12,514 1.6 74.0 50.0 673
1989 18,014 2.3 12,322 4.5 72.0 49.0 679
Footnotes

1. Values are subject to minor changes based on revisions to underlying data. Return to table.

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Last Update: February 05, 2024