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This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
In 2022, 15.8 million people — 10.4% of the U.S. labor force — worked in transportation, warehousing and related industries — a 5.0% increase from 2021.”
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.
Inflation and increased operating expenses are the reasons behind USPS’ new prices. But the price increase returns for the second time in less than a year. In August 2021, postal officials ...
Between 2021 and 2023, USPS has raised the postage rate four times. [140] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that figure related to costs within the agency's control. [141] It also reported that its projected ten-year losses had been reduced from $160 billion to $70 ...
USPS also says that the 4.2% increase for First-Class Mail will help offset inflation. The Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) on Nov. 10, showing a 7.7% ...
The U.S. Postal Service said on Friday it will not hike stamp prices in January for the first time since January 2022 after a series of price hikes in recent years. USPS in July hiked the price of ...
In 2011, Congress extended the sale of the Breast Cancer Research Stamp to December 31, 2015. The four-year extension of the Breast Cancer Research Stamp Act passed in the Senate on a unanimous vote on Dec. 5, 2011, and passed in the House on Dec. 14, 2011 by a vote of 417–1.