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The price increases are due to the change in mailing and shipping marketplace, according to the U.S. Postal Service. The increase will help cover the service's 10-year Delivering for America plan .
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
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 September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
The full eagle logo, used in various versions from 1970 to 1993. The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or simply the Postal Service, is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, its insular areas and associated states.
The coronavirus pandemic of 2020 was anticipated to cause a large increase in mail voting because of the possible danger of congregating at polling places. [37] [38] For the 2020 election, a state-by-state analysis concluded that 76 percent of Americans were eligible to vote by mail in 2020, a record number. The analysis predicted that 80 ...
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% ...
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.