Commercial Checks Collected through the Federal Reserve The daily average volume and average daily value of items are based on the number of business days in each year.1 Average Average daily daily Average Volume Volume Value Value volume value value per (millions percent (billions percent (millions (billions check Year of items) change of dollars change of items) of dollars) (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 1Values are subject to minor changes based on revisions to underlying data.