USPS Preliminary Financial Information (Unaudited), April, 2016

05/25/2016

The USPS has filed their unaudited April 2016 financial information with the PRC.

http://www.prc.gov/docs/95/95985/2016-5-24%20April%20FY2016%20Report%20to%20the%20PRC–report.pdf

 

  • Mail Volume:
    • Down April .7%  and year to date .9%
  •  Revenue:
    • Revenue in every mail category decline, largely due to the removal of exigency
    • Net loss for April $279M and year to date $2.0B
  • Controllable Income:
    • April 2015 was $187M
    • Year to date for FY15 was $2.1B
  • Employees and Work hours:
    • Increase of 1.8% in career employees, 490,175 to 498,830
    • Increase of 4.6% total non-career employees, 130,528 to 136,558
    • Work hours increased, April 1.4% and year to date 2.8%