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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 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 financial ...
If it is approved, this would go into effect July 14 and would increase stamp prices by 7.8%. The price increase would apply to forever stamps, postcards, metered letters and international mail.
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
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 ...
Among the most definitive is George Washington, whose engraving (along with that of Benjamin Franklin) appeared on the first U.S. Postage stamps released by the U.S. Post Office, on July 1 of 1847. Thomas Jefferson first appeared on U.S. postage in March 1856, nine years after the first issues were released.
Purpose. Each year, the Postal Service receives thousands of letters and petitions from the American public proposing stamp subjects. Established in 1957, the Citizens’ Stamp Advisory Committee (CSAC) reviews all of the proposals and selects stamp subjects that will be of enduring interest to large segments of the American population. The ...
July 9, 2024 at 11:54 AM. You are not having déjà vu, stamp prices are going up again this year by 7.8%. The price increase is expected to start this month. There will not be a price increase ...
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