$173 Million Net Loss for FY 2011
The US Postal Service yesterday filed with PRC its second month preliminary financial report of the 2011 fiscal year (unaudited) . USPS reported a net loss of $456 million for the month of November. This same period last year saw a $255 million net loss. In October USPS saw a net profit of $283 Million. After two months USPS reports a net loss of $173 million for Fiscal Year 2011 (same time last year it was $476 million.