Last week, the PMG said that there won't be a First-Class stamp hike next year (or for any other "market dominant product"). The 44-cent stamp is here to say -- at least for another year.
Under the Postal Reform Act, our market dominant products generally can't exceed the increase in the Consumer Price Index (CPI), so we probably wouldn't be able to justifiy a hike anyway.
That's good news for companies who are still struggling. But is it good news for us, where revenue is in a freefall? Is it possible that this might encourage more companies to use our services? Some have even suggested a reduction in stamp prices to spur mailers.
Back in my day, it was a penny. In fact, it was a penny for a very long time. I have no idea who that Lincoln fella was, but a penny saved was a penny earned. Hey, let me write that one down.
What do you think? Drop a note here.
(Something else to consider-- our other products like Express Mail and Priority Mail are in a separate category and might see an increase in price in January.)