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US Stamp Prices Are on the Rise Again
US Forever Stamp - www.usps.com
US stamp prices are on the rise for the fourth consecutive year. On January 27, 2014, the price of a first class US stamp will rise from $0.46 to $0.49. This $0.03 increase is the largest single increase by the US Postal Service since 1991. The 2012 & 2013 increases were only $0.01 each year. With the exception of 2010, US postage rates have risen annually since 2006.
A 3oz first class package will remain at a cost of $1.95. The postcard rate will rise $0.01 to $0.34, the cost of a first class stamp in 2001.
The "Forever Stamp" was introduced in 2007. It had an initial cost of $0.41. Forever stamps have no expiration dates and they are still available at the $0.46 price will be available until January 25th. Now is the time to stock up before prices increase.
As the price of a stamp approaches $0.50, you have to wonder how many more people in 2014 will further reduce the amount of letters, Birthday cards, Christmas cards, etc that they mail each year.
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