Average Daylight Overdrafts - Quarterly Data (in billions of dollars) Date Total Funds Book-entry 1986:Q1 $13.29 $7.39 $5.90 1986:Q2 $13.91 $6.64 $7.27 1986:Q3 $14.47 $6.94 $7.52 1986:Q4 $14.51 $6.69 $7.82 1987:Q1 $15.28 $7.13 $8.16 1987:Q2 $15.02 $7.43 $7.59 1987:Q3 $15.23 $7.48 $7.75 1987:Q4 $14.75 $7.51 $7.24 1988:Q1 $15.66 $8.94 $6.72 1988:Q2 $14.99 $8.74 $6.24 1988:Q3 $14.27 $8.24 $6.04 1988:Q4 $14.56 $8.24 $6.32 1989:Q1 $14.85 $8.56 $6.29 1989:Q2 $16.02 $8.99 $7.04 1989:Q3 $17.53 $9.47 $8.06 1989:Q4 $18.85 $9.65 $9.20 1990:Q1 $19.81 $10.32 $9.49 1990:Q2 $18.86 $10.59 $8.27 1990:Q3 $20.84 $10.88 $9.95 1990:Q4 $22.51 $10.75 $11.76 1991:Q1 $24.63 $11.44 $13.19 1991:Q2 $23.69 $10.46 $13.23 1991:Q3 $24.92 $10.37 $14.55 1991:Q4 $25.30 $10.15 $15.15 1992:Q1 $28.06 $10.01 $18.05 1992:Q2 $28.96 $10.29 $18.68 1992:Q3 $30.52 $10.68 $19.84 1992:Q4 $30.41 $10.13 $20.29 1993:Q1 $32.78 $10.69 $22.08 1993:Q2 $31.43 $10.12 $21.31 1993:Q3 $33.19 $10.34 $22.85 1993:Q4 $33.33 $12.25 $21.08 1994:Q1 $32.44 $12.49 $19.94 1994:Q2 $21.32 $9.15 $12.17 1994:Q3 $19.75 $9.00 $10.75 1994:Q4 $19.31 $9.24 $10.07 1995:Q1 $19.71 $10.38 $9.34 1995:Q2 $19.75 $10.02 $9.73 1995:Q3 $20.31 $10.60 $9.71 1995:Q4 $21.21 $10.75 $10.46 1996:Q1 $22.57 $11.80 $10.77 1996:Q2 $20.79 $11.54 $9.25 1996:Q3 $20.73 $12.26 $8.47 1996:Q4 $21.35 $12.58 $8.76 1997:Q1 $22.38 $13.73 $8.65 1997:Q2 $21.52 $13.82 $7.70 1997:Q3 $22.22 $13.71 $8.50 1997:Q4 $24.07 $14.56 $9.51 1998:Q1 $25.21 $15.58 $9.63 1998:Q2 $25.54 $15.99 $9.55 1998:Q3 $25.36 $15.86 $9.50 1998:Q4 $25.83 $17.18 $8.65 1999:Q1 $24.79 $16.92 $7.87 1999:Q2 $23.53 $16.29 $7.24 1999:Q3 $23.38 $16.31 $7.08 1999:Q4 $23.29 $17.28 $6.01 2000:Q1 $24.90 $18.86 $6.05 2000:Q2 $24.73 $19.77 $4.96 2000:Q3 $24.69 $19.96 $4.73 2000:Q4 $24.70 $20.63 $4.07 2001:Q1 $28.66 $23.28 $5.37 2001:Q2 $27.60 $22.44 $5.16 2001:Q3 $29.59 $23.12 $6.47 2001:Q4 $27.67 $21.72 $5.96 2002:Q1 $25.91 $20.66 $5.25 2002:Q2 $26.04 $20.16 $5.88 2002:Q3 $28.09 $21.33 $6.76 2002:Q4 $31.53 $24.71 $6.81 2003:Q1 $32.04 $24.81 $7.22 2003:Q2 $33.31 $25.92 $7.39 2003:Q3 $33.51 $25.96 $7.54 2003:Q4 $32.37 $25.37 $7.00 2004:Q1 $33.69 $25.26 $8.43 2004:Q2 $33.09 $25.40 $7.70 2004:Q3 $33.75 $25.26 $8.49 2004:Q4 $38.11 $27.63 $10.48 2005:Q1 $39.90 $27.62 $12.29 2005:Q2 $39.93 $29.24 $10.69 2005:Q3 $42.66 $32.09 $10.56 2005:Q4 $43.18 $34.27 $8.91 2006:Q1 $43.78 $33.03 $10.75 2006:Q2 $48.00 $37.40 $10.61 2006:Q3 $55.61 $40.81 $14.80 2006:Q4 $56.27 $42.42 $13.86 2007:Q1 $56.59 $43.15 $13.43 2007:Q2 $56.93 $44.41 $12.53 2007:Q3 $61.72 $46.15 $15.57 2007:Q4 $65.84 $51.30 $14.54 2008:Q1 $68.52 $52.05 $16.47 2008:Q2 $71.04 $55.43 $15.61 2008:Q3 $65.36 $50.60 $14.67 2008:Q4 $41.53 $31.34 $10.16 2009:Q1 $12.90 $8.85 $4.01 Note: Average daylight overdrafts are calculated based on an 21.5-hour Fedwire operating day. In December 1997, Fedwire moved from a 10-hour to an 18-hour operating day and in may 2004, Fedwire moved from an 18-hour to an 21.5-hour operating dayFor consistency, the data are shown in terms of an 21.5-hour day.