Why Economists Look to Soft Data for Clues On Hard Data Soft data is important because sentiment can result in actions. People who worry about the economy may not go out and spend.

Many parents are concerned when a school calls for a lockdown, and what it means when a soft lockdown is enforced. Here's the difference between soft vs. hard.

Alan S. Blinder, Landings, Soft and Hard, The Journal of Economic Perspectives, Vol. 37, No. 1 (Winter 2023), pp. 101-120 ...