According to the U.S. Bureau of Labor Statistics, prices for sewing machines, fabric and supplies are 8.32% higher in 2024 versus 2014 (a $1.66 difference in value).
Between 2014 and 2024: Sewing machines, fabric and supplies experienced an average inflation rate of 0.80% per year. In other words, sewing machines, fabric and supplies costing $20 in the year 2014 would cost $21.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.85% during this same period, inflation for sewing machines, fabric and supplies was lower.
In the year 2014: Pricing changed by -0.12%, which is below the average yearly change for sewing machines, fabric and supplies during the 2014-2024 time period. Compared to inflation for all items in 2014 (1.62%), inflation for sewing machines, fabric and supplies was lower.
Below are calculations of equivalent buying power for Sewing machines, fabric and supplies, over time, for $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2014 | $20.00 | -0.12% |
2015 | $19.57 | -2.15% |
2016 | $18.99 | -2.96% |
2017 | $18.79 | -1.03% |
2018 | $19.57 | 4.12% |
2019 | $20.47 | 4.62% |
2020 | $19.84 | -3.10% |
2021 | $19.71 | -0.62% |
2022 | $20.59 | 4.45% |
2023 | $21.39 | 3.89% |
2024 | $21.66 | 1.27%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Sewing machines, fabric and supplies:
Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 100.000 | 98.908 | 96.631 | 96.508 | 96.423 | 96.077 | 94.008 | 94.500 | 92.785 | 91.962 | 88.473 | 88.760 | 91.279 | 93.875 | 96.500 | 99.347 | 99.622 | 99.505 | 97.365 | 94.482 | 93.504 | 97.354 | 101.852 | 98.696 | 98.087 | 102.453 | 106.435 | 107.783 |