Digest: Stamp prices to stay at 44 cents
No price increase for stamps next year
Americans will continue to pay 44 cents for first-class stamps in 2010, and the price to mail catalogues and magazines will also stay the same, according to an internal Postal Service memo.
"Simply stated, there will not be a price increase for market dominant products including First-Class Mail, Standard Mail, periodicals and single-piece Parcel Post," Postmaster General John E. Potter said in a memo sent to postal staff members and some customer groups late last week.
"We want mailers to continue to invest in mail to grow their business, communicate with valued customers, and maintain a strong presence in the marketplace, Potter said.
The memo leaves open the door to a price jump for Priority Mail, Express Mail, Parcel Select and some international services. A final decision will be announced next month.
-- Ed O'Keefe
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-- From News Services