In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.
Tuesday, January 06, 2009
Kearney Calls Volume Decline the "Greatest Since the Depression"
NPR's Tamara Keith looked at the Recession's impact in her broadcast, "Postal Service Sees Less Mail In Slumping Economy." She quotes Stephen Kearney, Senior Vice President of Customer Relations for the Postal Service, as saying "[the drop in mail volume] accelerated throughout the year. ... Our mail volume had its greatest decline since the Great Depression."
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