Wednesday, February 11, 2009

Price of postage going up

The U.S. Postal Service on Tuesday put in its two cents on the faltering economy.

On May 11, the postal service announced yesterday, the price of a First-Class Mail postage stamp will go from 42 cents to 44 cents. A postcard will go up a penny to 28 cents. The cost of other mailing services, including for periodicals such as The Crittenden Press, will also be changing, according to a release on USPS.com.

New postage rates are announced in February of each year, three months before the new prices take effect. The rates are tied to inflation the year before. Post office officials claim the increase in First-Class Mail prices will cost the average U.S. family only $3 a year. 

The current 42-cent Forever stamps can still be used at any time after May 11.

For a listing of all new postal rates, click here.