Site icon Fortune Herald

The cost of U.S. postal stamps increase today

SAN FRANCISCO - MAY 11: A brochure with information on the "forever" stamp is displayed on a counter at a post office May 11, 2009 in San Francisco, California. The price of a first class postage stamp is increasing two cents to 44 cents today as the US Postal Service struggles with rising operational costs. (Photo by Justin Sullivan/Getty Images)

The cost of a stamp has returned to 49 cents. The U.S. Postal Service hasn’t expanded stamp costs since January 2014 when the cost of a stamp ascended from 46 cents to 49 cents. At that point, in April 2016, the cost of a stamp dropped, the primary such lessening in right around a century, from 49 cents to 47 cents. Presently the cost is go down.

The vast majority of the expansion in expenses will be to clients of “Perpetually Stamps” which are sold at the going rate yet never lapse. Right now, all top of the line one-ounce stamps – with the exception of those sold in loops of 500, 3,000 or 10,000 – are Forever Stamps. The cost for mailing postcards, letters to different nations or heavier letters aren’t influenced.

The expansion comes as the U.S. Postal Service announced a net loss of about $5.6 billion for financial 2016, up from $5.1 billion the prior year. The misfortune incorporates a $5.8 billion retiree medical advantage installment that postal authorities said have injured its funds for a considerable length of time. Without the retiree installment, the USPS would have posted net salary of $200 million. The USPS conveyed 61 million costs of top of the line mail in 2016, down from 62 million pieces the prior year.

Exit mobile version