The minuscule increases - the price of a first-class stamp is rising a penny to 50 cents next year - haven't been able to offset steep declines in first-class mail volume as communications continue to shift online.
By 2020, USPS projects mail volume will decline to levels not seen since the 1980s: Total mail volume is projected to decrease by 25 percent, First-Class Mail is expected to decrease by 50 percent, and Standard Mail volume is projected to remain flat.
First-Class Mail covers another one-third of the institutional costs of the Postal Service; and some of the highest-margin First-Class mail is high-volume commercial solicitation mail.
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