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Signed, Sealed, Delivered. The U.S. Postal Service is raising postage costs for the second time this year. On July 9, the price of a first-class stamp will rise to 66 cents from 63 cents.
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
Stamp prices last increased in January of this year, the third hike in 12 months that pushed up first class stamps to the current 68 cents. Prior to January, stamp prices had increased in July ...
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...
On January 26, 2014, the postal service raised the price of First-class postage stamps to 49 cents. Rates for other mail, including postcards and packages, also increased. [52] Starting in 2005, the USPS offered customers the ability to design and purchase custom stamps, which were offered through third-party providers, like Stamps.com and Zazzle.
The stamp bears the words "Secures immediate delivery at a special delivery office,". In 1886 the Special Delivery service was expanded to all post offices and a new stamp was designed. The revised stamp was identical to the first issue of 1885 but instead bore the statement "Secures immediate delivery at any post office."
Postcard stamps increased to 44 cents from 40 cents and the cost to ship international letters increased 10 cents to $1.40, according to the Postal Service website.
The United States Postal Service announced plans to raise the price of Forever stamps and other postage for 2023. Upon approval from the Postal Regulatory Commission, USPS says the cost of first ...
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