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USPS holds off on rate increases for now

You have more time to stock up on your Forever stamps after the United States Postal Service announced it was holding off on its proposed rate increases until July 2025. The rate increases would have affected what the USPS considers to be Market Dominant products like first-class mail. "Our strategies are working, and projected inflation is declining," DeJoy said in a statement. "Therefore, we will wait until at least July before proposing any increases for market-dominant services." The decision comes just months after stamps went up a nickel in July and 13 cents since 2022. The announcement is great news for people sending letters and birthday cards. Businesses and non-profits like the United Way of Door County use the mail to connect with customers and donors. United Way of Door County Executive Director Amy Kohnle says the organization spent $8,000 on postage in 2023, a number that was likely around $5,000 just a few years ago. She adds that every price increase means they have to raise even more money during their annual campaign to fund the programs they support.


Rate increases are not the only issue the USPS is facing entering the fourth quarter of the year. Politicians on both sides of the aisle have criticized the agency for slow service, which has caused newspapers to be delivered late and inspired distrust for mail-in ballots ahead of the election.

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