Commercial 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.1 Average Average daily daily Average Volume Value volume value value per (millions Percent (billions Percent (millions (billions transaction Year of items) change of dollar change of items) of dollars) (dollars) 2023 18,858 1.8 39,464 2.0 75.4 157.9 2,093 2022 18,518 3.5 38,686 4.6 74.1 154.7 2,089 2021 17,895 8.1 36,988 17.6 71.0 146.8 2,067 2020 16,549 6.2 31,446 12.0 64.6 122.8 1,900 2019 15,584 6.1 28,082 8.6 62.1 111.9 1,802 2018 14,692 6.9 25,860 10.5 58.5 103.0 1,760 2017 13,749 6.1 23,399 7.5 55.0 93.6 1702 2016 12,960 5.4 21,772 5.9 51.6 86.7 1,680 2015 12,298 5.8 20,565 3.4 49.0 81.9 1,672 2014 11,620 4.3 19,891 1.0 46.3 79.2 1,712 2013 11,143 4.5 19,689 2.1 44.4 78.4 1,767 2012 10,665 3.1 19,294 8.4 42.5 76.9 1,809 2011 10,349 1.1 17,802 5.1 41.2 70.9 1,720 2010 10,233 2.7 16,941 9.9 40.6 67.2 1,656 2009 9,966 -0.7 15,419 -1.6 39.5 61.2 1,547 2008 10,040 7.2 15,663 7.7 39.8 62.2 1,560 2007 9,363 13.8 14,547 10.8 37.3 58.0 1,554 2006 8,231 12.2 14,547 2.5 32.8 52.3 1,595 2005 7,339 13.1 12,802 2.1 29.2 51.0 1,744 2004 6,486 16.1 12,544 -10.1 25.6 49.6 1,934 2003 5,588 12.1 13,952 6.2 22.3 55.6 2,497 2002 4,986 12.1 13,135 3.4 19.9 52.3 2,634 2001 4,448 16.7 12,707 9.4 17.7 50.6 2,857 2000 3,812 14.0 11,620 7.0 15.1 46.1 3,048 1999 3,344 12.7 10,862 5.1 13.3 43.1 3,248 1998 2,966 13.9 10,338 13.2 11.8 41.0 3,486 19972 2,603 9.7 9,129 10.1 10.4 36.4 3,507 1996 2,372 15.9 8,288 6.0 9.4 32.9 3,494 1995 2,046 17.8 7,817 10.2 8.2 31.1 3,821 1994 1,737 16.9 7,094 9.9 6.9 28.3 4,084 1993 1,486 12.0 6,455 -1.2 5.9 25.6 4,344 1992 1,327 18.6 6,531 17.7 5.2 25.8 4,922 1991 1,119 22.3 5,549 32.9 4.5 22.1 4,959 19903 915 23.6 4,174 8.7 3.6 16.6 4,562 1989 741 22.9 3,840 13.8 3.0 15.5 5,182 1Values are subject to minor changes based on revisions to underlying data. 2Beginning in 1997, the reported ACH volumes no longer include non-value items. 3Data for years preceding 1991 do not include items sent to the Reserve Banks by the New York Automated Clearinghouse.