![]() The largest percentage price increase occurred in 1991 when the cost of a stamp went from 25 cents to 29 cents.Īpproved by the Postal Regulatory Commission, the January stamp price increase accompanies mail and package rate increases across the board for the USPS – an effort to keep the post office "competitive while providing the agency with needed revenue," officials said. The January 27 stamp price hike, accompanied by other mailing and shipping increases, is the biggest price increase by total cents in the history of the post office. The post office has experienced a volume decline in 2018 of 3.2 billion pieces, according to Fox Business, with a 3.6 percent decline in first-class mail, which provides its most significant share of income. The postage price increase is an effort by the United States Postal Services (USPS) to offset record operating losses in 2018 totaling nearly $4 billion, according to reports. The new price of first-class forever stamps will increase from 50 cents to 55 cents on January 27 – an increase of 10 percent. Postal Service stamps to get more expensive. ![]() The New Year is almost here, which means its almost time for U.S.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |