[press release] [click on any of the pictures for larger versions]
U.S. Postal Service Announces No Stamp Price Changes for January 2025
- Postmaster General DeJoy’s recommendation not to raise prices for Market Dominant products in January 2025 approved by the Governors of the Postal Service
- Delivering For America plan is a balanced plan that is working to control costs and grow our package business
- Postal Service prices remain among the most affordable in the world
WASHINGTON — A recommendation by Postmaster General Louis DeJoy not to raise prices in January 2025 for Market Dominant products, which includes First-Class Mail, was accepted by the Governors of the United States Postal Service. Accordingly, the price of a stamp to mail a 1-once single-piece First-Class letter will not increase.
The Postal Service’s operational strategies are designed to boost service reliability, cost efficiency, and overall productivity.
“Our strategies are working and projected inflation is declining,” said Postmaster General DeJoy. “Therefore, we will wait until at least July before proposing any increases for market dominant services.”
The Postal Service remains committed to continued cost saving measures and to keeping its products and services affordable. Only a handful of countries have a lower price for a domestic single-piece letter.
Lastly, the Postal Service continues to deliver on the tenets of the Delivering for America 10-year plan, while executing our public service mission — to provide a nationwide, integrated network for the delivery of mail and packages at least six days a week — in a cost-effective and financially sustainable manner over the long term, just as the U.S. Congress intended and the law requires.
The conspiracy theorist mind begs the question: what part – if any – did the up-coming elections play in this decision? DeJoy has been adamant about raising prices twice a year but now thinks he can wait until July 2025 – AFTER the election – to do it again.
I don’t want to talk politics here, but I don’t see it. If the USPS were to raise rates “on schedule” in January, it would affect inflation in the next presidential administration. It has no effect now, except to provide some optimism on inflation now, during the Biden administration.
Also, I think DeJoy is so focused on his legacy as the PMG who turned around the USPS that he wouldn’t risk that.
Back to philately!