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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%.
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 ...
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 ...
Between 2021 and 2023, USPS has raised the postage rate four times. [145] In May 2023, USPS reported a $2.5 billion loss over the year's first quarter, with approximately $500 million of that figure related to costs within the agency's control. [146] It also reported that its projected ten-year losses had been reduced from $160 billion to $70 ...
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.
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