I sometimes hear the claim that innovation in the physical world has stagnated since around 1970. More specifically, chapter 1 of The Rise and Fall of American Growth by Robert J Gordon claims that there has been basically no innovation in clothing other than changes in fashion. This is somewhat contrary to my intuition (although I definitely believe that innovation in the 50 years before 1970 was greater that in the 50 years after), and price of insulation seems like a relatively objective metric for this.
My favourite type of response would be time series data of clo per inflation-adjusted dollar, but I'd also appreciate people's subjective experience of this.
It seems like the cost of insulation mostly depends on improvements in the insulation manufacturing process, which seems kind of different from innovation in clothing itself.
For example, if we stopped innovating in clothing design entirely, people might focus more on reducing the production costs of fixed amounts of materials, so insulation would get cheaper by your metric, and it's unclear if that counts as innovation in clothing.
Going the other direction, if we invented a less insulating, expensive insulation with magical perfect durability, it would be a huge clothing innovation but the cost of insulation would go up by your metric.