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Commercial Checks Returned through the Federal Reserve--Quarterly Data

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

Quarter Volume
(millions
of items)
Volume
percent
change
Value
(billions
of dollars)1
Value
percent
change1
Average daily
volume
(thousands
of items)
Average daily
value
(millions
of dollars)1
Average value
per check
(dollars)1
2014:Q1 9 -11.8 13 -3.2 149 212 1,427
2013:Q4 10 -5.2 13 -2.0 166 216 1,301
2013:Q3 11 3.8 14 -3.3 169 213 1,259
2013:Q2 10 -0.2 14 4.2 163 221 1,351
2013:Q1 10 -14.3 14 -11.1 172 222 1,294
2012:Q4 12 -1.4 15 10.7 197 246 1,247
2012:Q3 12 3.2 14 -5.9 197 219 1,110
2012:Q2 12 -1.2 15 1.4 188 229 1,217
2012:Q1 12 -16.2 14 -6.5 196 233 1,185
2011:Q4 15 -7.7 15 -4.1 238 253 1,063
2011:Q3 16 2.9 16 2.5 246 251 1,022
2011:Q2 15 2.9 16 -11.0 239 245 1,027
2011:Q1 15 -17.5 18 -5.0 239 284 1,187
2010:Q4 18 -5.5 19 -4.1 286 295 1,031
2010:Q3 19 3.9 19 -1.2 298 302 1,016
2010:Q2 18 2.9 20 -4.4 286 306 1,069
2010:Q1 18 -17.7 20 -9.7 292 336 1,150
2009:Q4 22 -4.8 23 -6.7 349 366 1,048
2009:Q3 23 5.0 24 -7.9 350 374 1,070
2009:Q2 22 -13.7 26 -17.5 338 412 1,219
2009:Q1 25 -10.0 32 -4.8 411 524 1,276
2008:Q4 28 -2.4 34 -0.3 449 542 1,206
2008:Q3 29 11.1 34 9.4 446 527 1,181
2008:Q2 26 6.0 31 -1.3 402 481 1,199
2008:Q1 24 -15.7 31 -4.1 391 503 1,288
2007:Q4 29 -2.6 33 -5.5 464 525 1,132
2007:Q3 30 -1.9 34 -4.5 468 547 1,168
2007:Q2 30 7.4 36 -1.4 470 564 1,200
2007:Q1 28 -5.8 37 7.3 451 590 1,308
2006:Q4 30 -4.0 34 3.6 479 550 1,148
2006:Q3 31 4.4 33 -0.8 492 523 1,063
2006:Q2 30 6.6 33 2.1 463 519 1,120
2006:Q1 28 -14.2 33 -8.9 449 524 1,169
2005:Q4 32 -5.8 36 0.9 531 585 1,102
2005:Q3 34 8.9 35 6.5 538 553 1,029
2005:Q2 32 10.1 33 10.4 494 520 1,052
2005:Q1 29 -13.7 30 -8.2 463 486 1,049
2004:Q4 33 -10.4 33 -5.7 528 521 986
2004:Q3 37 -0.3 35 2.9 580 543 936
2004:Q2 37 -3.1 34 -4.8 577 524 907
2004:Q1 38 -12.7 35 -7.2 615 567 923
2003:Q4 44 0.0 38 -0.6 705 612 868
2003:Q3 44 1.4 38 0.8 682 596 873
2003:Q2 43 3.1 38 -0.2 673 591 878
2003:Q1 42 -7.1 38 -0.6 685 621 907
2002:Q4 45 1.6 38 2.5 725 615 847
2002:Q3 44 5.7 37 8.8 692 581 840
2002:Q2 42 0.6 34 -3.0 655 534 815
2002:Q1 42 -11.1 35 -5.0 683 577 846
2001:Q4 47 6.7 37 0.2 756 598 791
2001:Q3 44 -1.0 37 -0.2 697 588 843
2001:Q2 44 2.9 37 0.3 693 580 836
2001:Q1 43 -4.6 37 2.9 695 596 858
2000:Q4 45 -0.3 36 -0.7 729 580 795
2000:Q3 45 3.5 36 -1.8 719 575 799
2000:Q2 44 4.8 37 1.1 684 576 841
2000:Q1 42 -11.9 36 -0.1 664 579 872
1999:Q4 47 3.3 37 4.9 753 579 770
1999:Q3 46 8.1 35 2.7 718 544 758
1999:Q2 43 1.5 34 -2.2 664 530 797
1999:Q1 42 -9.5 35 -0.7 687 568 828
1998:Q4 46 2.6 35 2.0 747 563 754
1998:Q3 45 2.4 34 1.6 695 526 758
1998:Q2 44 1.7 34 2.8 689 526 763
1998:Q1 43 -9.8 33 -5.4 710 537 756
1997:Q4 48 1.9 35 2.6 774 558 721
1997:Q3 47 3.6 34 1.8 736 527 716
1997:Q2 45 0.8 33 0.3 711 518 729
1997:Q1 45 -5.3 33 2.2 740 542 732
1996:Q4 48 3.2 32 1.6 769 521 678
1996:Q3 46 7.8 32 4.1 722 497 688
1996:Q2 43 2.3 3.1 -2.4 670 477 713
1996:Q1 42 -3.5 31 3.4 675 505 747
1995:Q4 43 0.1 30 -2.2 700 488 697
1995:Q3 43 5.4 31 2.3 688 491 714
1995:Q2 41 1.4 30 -1.2 643 473 735
1995:Q1 41 -4.1 31 -4.2 654 494 755
1994:Q4 42 -0.7 32 5.7 693 524 756
1994:Q3 43 4.0 30 -1.1 665 472 711
1994:Q2 41 5.0 31 -1.9 639 478 747
1994:Q1 39 -12.3 31 -7.5 629 503 800
1993:Q4 44 3.8 34 7.4 705 535 758
1993:Q3 43 3.7 31 -0.1 669 490 733
1993:Q2 41 5.5 31 4.0 645 491 761
1993:Q1 39 -9.6 30 -4.1 641 495 772
1992:Q4 43 1.3 31 3.0 698 508 727
1992:Q3 43 4.7 31 4.1 657 470 716
1992:Q2 41 -3.5 29 -6.5 638 459 720
1992:Q1 42 -6.9 31 4.3 682 507 743
1991:Q4 45 -0.2 30 -12.4 721 478 663
1991:Q3 45 3.8 34 13 711 537 755
1991:Q2 44 1.1 30 3.6 696 483 694
1991:Q1 43 -12.2 29 n.a. 711 481 677
1990:Q4 49 6.8 n.a. n.a. 797 n.a. n.a.
1990:Q3 46 6.2 n.a. n.a. 734 n.a. n.a.
1990:Q2 44 -2.7 n.a. n.a. 680 n.a. n.a.
1990:Q1 45 8.8 n.a. n.a. 722 n.a. n.a.
1989:Q4 41 1.3 n.a. n.a. 663 n.a. n.a.
1989:Q3 41 3.4 n.a. n.a. 645 n.a. n.a.
1989:Q2 39 -2.1 n.a. n.a. 614 n.a. n.a.
1989:Q1 40 17.6 n.a. n.a. 647 n.a. n.a.

Footnotes

1. Data are updated quarterly. Values are subject to minor changes based on adjustments. Data will be adjusted to reflect actual values as needed. Return to text.

n.a.  Not available.

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Last update: May 9, 2014