The cost of stamps will rise to 46 cents per stamp on Sunday.
The US Postal Service is in dire shape; the organization nearly defaulted on payments it is required to make twice last year. A decline in demand for sending items through the postal service combined with rising healthcare and pension costs has put extreme pressure on the Postal Service.
When is the last time you sent a letter to someone?
Aside from occasional bill payment or sending a birthday card, my use of postal services has dropped significantly. What will the USPS do as demand continues to drop? Only time will tell.