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