Tough economic times hurt post office

ST. LOUIS (AP) -- The postmaster general says the postal service could lose about $2 billion this year due to tough economic times.

John Potter told the National Association of Postmasters of the United States at their convention in St. Louis that the postal service has to change to meet the demands of the American public.

He said while little can be done about high gas prices, the postal service is working to control costs and increase business. He pointed to advertising through the mail as an area of potential growth.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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