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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. The announcement about ...
The Postal Service last raised First-Class stamp prices by two cents in January, just a few months after it raised prices three cents in July 2023. In a statement, the USPS said that the “price ...
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 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.
In July 2022, the price of a Forever stamp was raised to 60 cents, and on Jan. 22, 2023, it was raised to 63 cents. As the U.S. Postal Service continued to find its way out of a $1 billion debt ...
Special postage stamps were issued for use with this service. [1] Domestic air mail became obsolete in 1975, and international air mail [2] in 1995, when the USPS began transporting First Class mail by air on a routine basis. [3] [4] All post-1977 United States stamp images are copyright of USPS. [5]
But the price increase returns for the second time in less than a year. In August 2021, postal officials increased the price of most of its first-class mail up to 10 cents to “help achieve ...
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