Every year the third Monday in February is designated as President’s Day, a federal holiday originally established in 1885. The date was chosen to mark the birthday of President George Washington and is generally seen as a day to celebrate and remember the achievements of all US presidents.
In 1968 Congress passed the Uniform Monday Holiday Act, which officially enshrined the third Monday in February as a national holiday. Because of its status as a federal holiday many public services and even private institutions will not be in operation on Monday, 20 February 2023.
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Will mail services be running on President’s Day?
The US Postal Service observes 11 official federal holidays every year and President’s Day is among them. This means that no regular mail or packages will be delivered by USPS on Monday, 21 February.
Physical post offices will be closed all day but some services can be accessed online, such as ordering stamps, printing shipping labels and requesting mail supplies. Head over to USPS.com to see what is available.
Private mail services like UPS and FedEx will remain open on President’s Day, and the majority of their retail locations will be open.
Are schools open on President’s Day?
In a typical year most schools will be closed on President’s Day because it is a federal holiday, meaning that most public sector workers get the day off. In some instances schools will stay open for President’s Day if it has lost a number of days already due to snow or other inclement weather.
School closures are not decided nationally and are made at a local level, so check your locality for more information.
Does the stock market in the US open on President’s Day?
The three-day weekend is a welcome break for workers across the country and that extends to the United States’ stock markets. The New York Stock Exchange, NASDAQ and US bond markets will all be closed on Monday, 21 February to mark President’s Day.
They will all reopen on Tuesday at the normal time; 9:30am for the NYSE and the NASDAQ.