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Price Of A Stamp

Friday, January 25, 2013

Stamp Prices Increase: What You Need to Know for Your Next Trip to the Gaithersburg Post Office

First-class postal rates are going up for the second time in two years.

While the volume of first-class mail has dropped sharply, from an all-time high of 213 billion pieces in 2006 to only 168 billion in 2011, according to a New York Times story, the United States Post Service (USPS) is struggling, showing a loss of $36 million per day. The most prominent way for the USPS to recover revenue is to raise postage and mailing rates. Since 1885, when the price for the first ounce of a first-class letter was $0.02, rates have increased 24 times and will jump to $0.46 as of Sunday, January 27, 2013. According to a press release from the USPS, the price of a Forever Stamp - which allows a customer to send a one-ounce letter anywhere in the United States - will go up one penny to $0.46. Each additional ounce of a …

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