According to the U.S. Bureau of Labor Statistics, prices for sewing machines, fabric and supplies are 14.08% higher in 2024 versus 2016 (a $2.82 difference in value).
Between 2016 and 2024: Sewing machines, fabric and supplies experienced an average inflation rate of 1.66% per year. In other words, sewing machines, fabric and supplies costing $20 in the year 2016 would cost $22.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation for sewing machines, fabric and supplies was lower.
In the year 2016: Pricing changed by -2.96%, which is significantly below the average yearly change for sewing machines, fabric and supplies during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for sewing machines, fabric and supplies was much lower.
Below are calculations of equivalent buying power for Sewing machines, fabric and supplies, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2016 | $20.00 | -2.96% |
| 2017 | $19.79 | -1.03% |
| 2018 | $20.61 | 4.12% |
| 2019 | $21.56 | 4.62% |
| 2020 | $20.89 | -3.10% |
| 2021 | $20.76 | -0.62% |
| 2022 | $21.69 | 4.45% |
| 2023 | $22.53 | 3.89% |
| 2024 | $22.82 | 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 |