Friday, August 08, 2008

U.S. magazines may face 5% mailing increase

U.S. magazines face a likely 5% increase in delivery costs from the US Postal Service, the maximum allowed under U.S. law, according to a story in Folio:

“The next rate increase will most likely be the maximum under the law,” ABM [American Business Media]Washington Counsel David Straus tells Folio:. “The way the CPI [Consumer Price Index] is going, you could be looking at periodicals rates going up 5 or 6 percent for some publications—about double the 2.9 percent increase we saw in May.”

The next rate increase, according to Straus, “almost certainly” will be May 2009.

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