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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. Additionally, the overall increase in stamp prices from June 2018 to June 2023 (26%) was significantly lower than the average increase of 55% experienced by those same countries.
The 5-cent Franklin and the 10-cent Washington postage stamps issued in 1847 were the first postage stamps issued and authorized for nationwide postal duty by the U.S. Post Office. The firm of Rawdon, Wright, Hatch, and Edson of New York City were given a four-year contract to print the first U.S. postage stamps in 1847.
The USPS will bump the cost of a first-class Forever stamp to 73 cents on July 14, a 5% jump from the previous price point and 10 cents above the price at the start of 2023.
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.
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 ...
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 ...
Spooner's justification was that the Constitution provided for a government-run postal service, but did not exclude others from engaging in the same business. Spooner dropped his rates even lower, delivering many letters for free. This competition dropped prices dramatically with postage of 6 1/4 cents per each half-ounce and stamps 20 for a ...
In addition to the 3 cent jump in first-class "Forever" stamps, the cost to send a domestic postcard will increase to 51 cents. 'Fueled by inflation': USPS stamp prices are increasing soon. Here's ...
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