Tuesday, February 27, 2007

New rates and a 'forever' stamp due in May

Cristian Lupsa and Moises Velasquez-Manoff, correspondents of The Christian Science Monitor report that Postal Regulatory Commission has announced stamp prices are expected to rise 2 cents in May to 41 cents along with the introduction of a 'forever stamp.'

Calling it the United States Postal Service's "answer to customer complaints about frequent rate increases",the 'forever'stamp will be released in booklets of 20. No design has been released as of yet.

According to the article, "Market research conducted by USPS in 2006 showed that customers liked the idea of a 'forever stamp,' although there was little indication they planned to buy more than they usually do. The USPS found that customers were less likely to purchase stamps as rates increased."

The Round-Up is mentioned in the article, so check it out by clicking here.
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posted by Don Schilling at 12:01 AM