There’s a lot less mail out there than there used to be:
In 2008, though, pieces of mail dropped to 201 billion, from nearly 211 billion. And in the first fiscal quarter of 2009 (October through December of last year), the service reported a net loss of $384 million and said that mail volume had declined by 5.2 billion pieces compared with the same period last year.
That’s a trend that’s likely to continue even if the economy turns around.
Less people sending mail? Time to raise rates again!
That’s
commongovernment sense!