According to the U.S. Bureau of Labor Statistics, prices for sewing machines, fabric and supplies are 9.33% higher in 2024 versus 2020 (a $1.87 difference in value).
Between 2020 and 2024: Sewing machines, fabric and supplies experienced an average inflation rate of 2.26% per year. This rate of change indicates significant inflation. In other words, sewing machines, fabric and supplies costing $20 in the year 2020 would cost $21.87 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.89% during this same period, inflation for sewing machines, fabric and supplies was lower.
In the year 2020: Pricing changed by -3.10%, which is significantly below the average yearly change for sewing machines, fabric and supplies during the 2020-2024 time period. Compared to inflation for all items in 2020 (1.23%), 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 2020. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2020 | $20.00 | -3.10% |
| 2021 | $19.88 | -0.62% |
| 2022 | $20.76 | 4.45% |
| 2023 | $21.57 | 3.89% |
| 2024 | $21.87 | 1.38%* |
* 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 | 107.907 |