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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 ... In the first quarter of fiscal 2024 alone, USPS reported a ...
On Sunday, the cost of a stamp is going up for the second time this year, jumping 5 cents for first class postage to 73 cents. You probably didn’t notice. Postage is going up again.
This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
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 ...
The price of first-class Forever stamps will increase from 68 cents to 73 cents on July 14, an increase of more than 7%. Prices for all services will rise more than 7.5%. The price hikes are part ...
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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