Government Automated Clearinghouse Transactions Processed by the Federal Reserve
Data Table | ASCII | PDF (15 KB)
The daily average volume and average daily value of items are based on the number of business days in each year.
| Quarter | Volume (millions of items) |
Percent change |
Value (billions of dollars) |
Percent change |
Average
daily volume (millions of items) |
Average
daily value (billions of dollars) |
Average value per transaction (dollars) |
|---|---|---|---|---|---|---|---|
| 1989:Q1 | 108 | 2.9 | 94 | n.a. | 1.7 | 1.5 | 869 |
| Q2 | 108 | -0.1 | 94 | 0.5 | 1.7 | 1.5 | 875 |
| Q3 | 111 | 2.9 | 97 | 2.8 | 1.8 | 1.5 | 874 |
| Q4 | 114 | 2.5 | 106 | 9.5 | 1.8 | 1.7 | 934 |
| 1990:Q1 | 139 | 22.2 | 110 | 3.5 | 2.2 | 1.8 | 791 |
| Q2 | 136 | -2.4 | 118 | 7.0 | 2.1 | 1.8 | 868 |
| Q3 | 122 | -9.9 | 123 | 4.1 | 1.9 | 1.9 | 1,003 |
| Q4 | 123 | 0.3 | 136 | 11.3 | 2.0 | 2.2 | 1,113 |
| 1991:Q1 | 130 | 6.4 | 177 | 29.5 | 2.1 | 2.9 | 1,354 |
| Q2 | 126 | -3.6 | 189 | 6.8 | 2.0 | 3.0 | 1,500 |
| Q3 | 129 | 2.7 | 180 | -4.8 | 2.0 | 2.8 | 1,390 |
| Q4 | 136 | 5.3 | 178 | -0.6 | 2.2 | 2.8 | 1,312 |
| 1992:Q1 | 136 | 0.1 | 207 | 16.0 | 2.2 | 3.3 | 1,521 |
| Q2 | 130 | -4.5 | 224 | 8.4 | 2.0 | 3.5 | 1,727 |
| Q3 | 131 | 1.0 | 216 | -3.9 | 2.0 | 3.3 | 1,642 |
| Q4 | 133 | 1.6 | 213 | -1.3 | 2.2 | 3.4 | 1,595 |
| 1993:Q1 | 143 | 7.0 | 223 | 4.9 | 2.3 | 3.7 | 1,564 |
| Q2 | 137 | -4.2 | 230 | 3.0 | 2.1 | 3.6 | 1,682 |
| Q3 | 136 | -0.7 | 213 | -7.5 | 2.1 | 3.3 | 1,567 |
| Q4 | 140 | 2.9 | 219 | 3.3 | 2.2 | 3.5 | 1,572 |
| 1994:Q1 | 145 | 3.8 | 238 | 8.4 | 2.3 | 3.8 | 1,643 |
| Q2 | 145 | -0.1 | 238 | 0.2 | 2.3 | 3.7 | 1,648 |
| Q3 | 141 | -2.6 | 232 | -2.7 | 2.2 | 3.6 | 1,645 |
| Q4 | 144 | 1.8 | 241 | 3.8 | 2.4 | 3.9 | 1,677 |
| 1995:Q1 | 150 | 4.6 | 273 | 13.4 | 2.4 | 4.4 | 1,819 |
| Q2 | 150 | -0.4 | 289 | 5.9 | 2.3 | 4.5 | 1,933 |
| Q3 | 148 | -1.2 | 275 | -4.8 | 2.3 | 4.4 | 1,861 |
| Q4 | 151 | 2.5 | 280 | 2.0 | 2.4 | 4.5 | 1,851 |
| 1996:Q1 | 157 | 3.6 | 304 | 8.5 | 2.5 | 4.9 | 1,940 |
| Q2 | 159 | 1.3 | 322 | 5.8 | 2.5 | 5.0 | 2,027 |
| Q3 | 153 | -3.8 | 313 | -2.8 | 2.4 | 4.9 | 2,047 |
| Q4 | 157 | 2.4 | 311 | -0.6 | 2.5 | 5.0 | 1,988 |
| 1997:Q1 | 168 | 7.6 | 354 | 13.7 | 2.8 | 5.8 | 2,100 |
| Q2 | 167 | -0.8 | 382 | 7.9 | 2.6 | 6.0 | 2,283 |
| Q3 | 154 | -8.1 | 390 | 2.1 | 2.4 | 6.1 | 2,536 |
| Q4 | 188 | 22.5 | 456 | 17.2 | 3.0 | 7.4 | 2,426 |
| 1998:Q1 | 175 | -7.1 | 473 | 3.5 | 2.9 | 7.7 | 2,702 |
| Q2 | 200 | 14.1 | 502 | 6.3 | 3.1 | 7.9 | 2,517 |
| Q3 | 188 | -6.0 | 482 | -4.2 | 2.9 | 7.4 | 2,566 |
| Q4 | 191 | 1.9 | 532 | 10.4 | 3.1 | 8.6 | 2,781 |
| 1999:Q1 | 212 | 10.7 | 547 | 2.9 | 3.5 | 9.0 | 2,585 |
| Q2 | 200 | -5.4 | 561 | 2.6 | 3.1 | 8.8 | 2,802 |
| Q3 | 198 | -0.9 | 552 | -1.5 | 3.1 | 8.6 | 2,785 |
| Q4 | 198 | 0.0 | 573 | 3.8 | 3.1 | 9.1 | 2,889 |
| 2000:Q1 | 223 | 12.4 | 616 | 7.6 | 3.5 | 9.8 | 2,764 |
| Q2 | 208 | -6.6 | 612 | -0.7 | 3.3 | 9.6 | 2,939 |
| Q3 | 206 | -1.2 | 573 | -6.3 | 3.3 | 9.1 | 2,786 |
| Q4 | 201 | -2.2 | 603 | 5.1 | 3.2 | 9.7 | 2,995 |
| 2001:Q1 | 231 | 14.9 | 663 | 9.9 | 3.7 | 10.7 | 2,871 |
| Q2 | 210 | -8.9 | 649 | -2.1 | 3.3 | 10.1 | 3,084 |
| Q3 | 236 | 12.4 | 571 | -11.9 | 3.8 | 9.1 | 2,417 |
| Q4 | 223 | -5.8 | 645 | 13.0 | 3.6 | 10.4 | 2,899 |
| 2002:Q1 | 230 | 3.4 | 708 | 9.7 | 3.8 | 11.6 | 3,076 |
| Q2 | 213 | -7.3 | 676 | -4.6 | 3.3 | 10.6 | 3,166 |
| Q3 | 213 | -0.3 | 642 | -5.0 | 3.3 | 10.0 | 3,016 |
| Q4 | 227 | 6.5 | 686 | 6.8 | 3.7 | 11.1 | 3,025 |
| 2003:Q1 | 231 | 1.9 | 714 | 4.2 | 3.8 | 11.7 | 3,091 |
| Q2 | 231 | 0.1 | 711 | -0.5 | 3.6 | 11.1 | 3,072 |
| Q3 | 223 | -3.5 | 679 | -4.4 | 3.5 | 10.6 | 3,042 |
| Q4 | 228 | 2.3 | 706 | 4.0 | 3.6 | 11.4 | 3,093 |
| 2004:Q1 | 256 | 12.2 | 765 | 8.2 | 4.0 | 12.3 | 2,986 |
| Q2 | 234 | -8.8 | 733 | -4.2 | 3.7 | 11.8 | 3,136 |
| Q3 | 223 | -4.6 | 691 | -5.7 | 3.5 | 10.8 | 3,100 |
| Q4 | 228 | 2.4 | 725 | 4.9 | 3.6 | 11.3 | 3,174 |
| 2005:Q1 | 263 | 15.1 | 814 | 12.4 | 4.1 | 12.7 | 3,100 |
| Q2 | 240 | -8.8 | 792 | -2.7 | 3.7 | 12.4 | 3,305 |
| Q3 | 228 | -4.8 | 749 | -5.5 | 3.6 | 11.7 | 3,280 |
| Q4 | 234 | 2.3 | 801 | 7 | 3.7 | 12.5 | 3,429 |
| 2006:Q1 | 270 | 15.7 | 911 | 13.7 | 4.2 | 14.2 | 3,372 |
| Q2 | 249 | -7.9 | 878 | -3.6 | 3.9 | 13.7 | 3,528 |
| Q3 | 232 | -6.6 | 824 | -6.2 | 3.6 | 12.9 | 3,544 |
| Q4 | 240 | 3.3 | 861 | 4.5 | 3.8 | 13.5 | 3,588 |
| 2007:Q1 | 279 | 16.1 | 960 | 11.4 | 4.5 | 15.5 | 3,442 |
| Q2 | 256 | -8.0 | 961 | 0.2 | 4.0 | 15.0 | 3,748 |
| Q3 | 231 | -10.0 | 875 | -8.9 | 3.7 | 13.9 | 3,794 |
| Q4 | 261 | 13.3 | 921 | 5.2 | 4.2 | 14.9 | 3,524 |
| 2008:Q1 | 286 | 9.3 | 1032 | 12.1 | 4.6 | 16.6 | 3,611 |
Automated Clearinghouse Operations: Quarterly Data