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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. A major factor driving the price hikes for first-class mail in the United States is a decline in mail volume. Since 2007, the number of mailed items has decreased by 68%.
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 ...
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 ...
July 12, 2024 at 12:41 PM. By David Shepardson. WASHINGTON (Reuters) - The price of first-class U.S. mail stamps will rise on Sunday to 73 cents from 68 cents, the latest in a series of price ...
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847. [20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
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] Scott cataloged stamps received a "C" designation for airmail issues beginning in 1940. Designated for ...
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 ...
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