Government Automated Clearinghouse Transactions Processed by the Federal Reserve The daily average volume and average daily value of items are based on the number of business days in each year. Average Average daily daily Average Volume Value volume value value per (millions Percent (billions Percent (millions (billions transaction Year of items) change of dollars) change of items) of dollars) (dollars) 1989 441 8.4 391 n.a. 1.8 1.6 887 1990 520 17.9 487 24.6 2.1 1.9 937 1991 521 0.2 723 48.5 2.1 2.9 1,388 1992 531 1.9 860 18.9 2.1 3.4 1,620 1993 555 4.5 885 2.9 2.2 3.5 1,595 1994 574 3.4 949 7.2 2.3 3.8 1,653 1995 599 4.4 1,117 17.7 2.4 4.5 1,865 1996 625 4.3 1,250 11.9 2.5 5.0 2,000 1997 677 8.3 1,581 26.5 2.7 6.3 2,335 1998 753 11.2 1,988 25.7 3.0 7.9 2,640 1999 809 7.4 2,233 12.3 3.2 8.9 2,760 2000 839 3.5 2,404 7.7 3.3 9.5 2,869 2001 900 7.3 2,529 5.2 3.6 10.1 2,808 2002 883 -1.9 2,711 7.2 3.5 10.8 3,070 2003 914 3.5 2,810 3.6 3.6 11.2 3,075 2004 941 3.0 2,913 3.7 3.7 11.5 3,096 2005 964 2.5 3,157 8.4 3.8 12.6 3,273 2006 992 2.8 3,474 10.1 4.0 13.8 3,504 2007 1027 3.6 3,717 7.0 4.1 14.8 3,618