I hope other places lower their rates now that the USPS has lowered its rates! Yea!!!
See below:
USPS� to Reduce Rates on April 10, 2016
by Paul Kovlakas | February 29, 2016 | 0 Comments
You read that correctly: this April the U.S. Postal Service will be reducing postage rates for Mailing Services products, including First-Class� Mail, Standard Mail�, and Periodicals.
Why a reduction?
Like much of the country, the Postal Service was hit hard during the Great Recession. When economic activity dropped off, so did mailing – which, in turn, caused Postal Service revenues to drop off as well.
The Postal Service proposed – and was granted by the Postal Regulatory Commission (PRC) – a 4.3 percent temporary, emergency price increase, also known as an exigent surcharge. The surcharge went into effect in January 2014 and is required to be eliminated once the USPS recouped the estimated revenue loss from the Great Recession.
The postal service estimates it will have recouped the losses and plans to reduce prices on April 10, 2016.
What that means for mailers is that, unless Congress intervenes to the contrary, the Postal Service will be lowering rates an average of 4.3 percent across its Mailing Services on April 10th.
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USPS� to Reduce Rates on April 10, 2016