Sofia Baig
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sofiabaig.bsky.social
Sofia Baig
@sofiabaig.bsky.social
Economist at Morning Consult polling the people about the economy 🤓 opinions are my own
Following up on this, declines in consumer sentiment about the economy after inauguration came mostly from democrats and somewhat independents. Republicans sentiment shot up even higher
February 13, 2025 at 3:42 PM
Vibe shift? Consumer sentiment peaked in Trump’s first week but has been dropping down since then, mostly driven by dampened future expectations
February 4, 2025 at 5:06 PM
A slightly smaller share of adults believed that interest rates were too high in December vs June, but that share was still more than 60%. Full report: t.co/qQnUndyfZB
January 23, 2025 at 4:57 PM
The Fed has a communication problem with younger Americans: only 16% of GenZ adults and Millennials were aware the Fed had cut rates in December when we asked them (Dec. 19-22).

I think this is part of a larger media ecosystem problem wrt the economy lately
January 23, 2025 at 4:56 PM
Morning Consult’s unemployment index continues to decline — updated through Jan 18
January 21, 2025 at 7:08 PM
First episode of Consumer Says for 2025 is out — we talk 2024 biggest losers and winners globally for consumer sentiment as well as a deeper dive into rising sentiment in the US

youtu.be/sl-TJdZLiGk
January 15, 2025 at 4:44 PM
“Providing Republicans with specific information on the likely consumer cost of Trump’s tariff proposals actually backfired, increasing support for the tariffs relative to the control group.”

A very interesting survey and read from my colleague Sonnet: pro.morningconsult.com/analysis/tru...
January 13, 2025 at 8:11 PM
@kaylabruun.bsky.social called it in her memo yesterday: declines in Morning Consult’s Unemployment index "likely points to a potential downside surprise for December unemployment per the BLS but not a dramatic drop".

Urate did in fact surprise to the downside today at 4.1%
January 10, 2025 at 4:17 PM
Last Consumer Says podcast episode of 2024 with @kaylabruun.bsky.social and it’s all on what consumers think about tariffs + a mini Fed discussion at the end!

Check out the full episode here: www.youtube.com/watch?v=h4Rb...
December 18, 2024 at 6:53 PM
Not a surge but a bit of an uptick in our daily consumer sentiment survey. Mostly because Republicans are more optimistic about the future than Dems are pessimistic after the election
November 26, 2024 at 8:27 PM
…but at the same time 45% think that costs are passed down to US consumers ultimately
November 26, 2024 at 6:10 PM
Most voters think foreign companies or foreign governments pay for tariffs
November 26, 2024 at 6:09 PM
Retail expert Claire Tassin joined @kaylabruun.bsky.social and me to discuss consumer demand and holiday shopping trends for 2024. Check out the full episode here: m.youtube.com/watch?v=ezht...
November 20, 2024 at 5:50 PM
Is the comparison to the US government/economy to Argentina driving anyone else crazy? Or is this just a very particular pet peeve of mine. Argentina had way more government spending relative to GDP, ownership of companies in certain industries, currency controls, 100x US inflation, etc.
November 18, 2024 at 10:14 PM
Good news - Morning Consult’s unemployment index has been trending down ever since it peaked the second week of September. Updated through Nov 16
November 18, 2024 at 9:56 PM
Inflation is the incumbent killer!
November 18, 2024 at 9:43 PM
I think the results for this survey question have a similar explanation — loss aversion. People feel inflation/high prices is something that happens unjustly *to* them whereas people feel they earn higher wages. ie wage gains don’t feel as good as price increases hurt
November 15, 2024 at 8:51 PM
I guess I’m not the only one wondering if the proposed tariff policies are *actually* going to happen
November 15, 2024 at 8:45 PM
here it is! More analysis/demos here: pro.morningconsult.com/analysis/con...
November 15, 2024 at 7:44 PM
but interesting we also so a tick up at the all adults level, meaning optimism for the economy won out slightly despite the differences by party lines
November 15, 2024 at 7:32 PM
Morning Consult’s consumer sentiment index swapped immediately for Democrats and Republicans following the election last week mostly due to changes in future expectations
November 15, 2024 at 7:31 PM