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USPS still losing money by gaining customers

4 years 1 month 2 weeks ago April 08, 2013 Apr 8, 2013 Monday, April 08 2013 April 08, 2013 6:41 PM in News
Source: Associated Press
By: Michael Marsh

WASHINGTON- The U.S. Postal Service delivers mail to eleven-million more homes and businesses than it did ten years ago but is still losing money. Since 1989, the number of new addresses to deliver to has risen by about two-million a year but the recession cut that in half. What's dicey analysts say, is that the economy is improving and the number of addresses will accelerate while total mail volume is declining.

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