USPS Raises First-Class Stamp to 73 Cents July 12 in Eighth Increase Since 2020

The Postal Regulatory Commission approved the across-the-board adjustment after USPS filed for higher rates in May, citing cumulative inflation and pandemic-era volume losses. First-class mail revenue must cover roughly 80 percent of attributable costs under current statutory rules, yet the agency recorded a $6.5 billion net loss in fiscal 2023. Historical data show the stamp price remained unchanged from 2008 to 2012 before accelerating; the current sequence of annual or near-annual increases began once the exigent surcharge authority expired.

USPS management gains immediate cash flow and defers deeper cost restructuring or network consolidation. The cost falls on households and small businesses that still rely on physical mail for payments, legal notices, and direct marketing. Competitors such as private carriers and electronic bill-pay platforms capture diverted volume without bearing universal-service obligations.

Primary records from the PRC docket confirm the agency requested and received the full requested increase rather than a phased adjustment. Congressional appropriations have not offset the structural deficit created by retiree health liabilities and declining letter volume. Absent legislative change to the Postal Accountability and Enhancement Act, further filings are expected within twelve months.