Observation: In times of economic uncertainty, consumers tend to reserve their spending in order to pay for necessities.
Theory: Expenditures deemed avoidable are put off until financial streams become more sustainable. Example: Cosmetic damage to a motor vehicle which does not hinder its functioning or suitability on the road, i.e. broken headlights, scrapes and dents, etc. Janky cars stay that way because money’s tight.
Hypothesis: An observable increase in unrepaired motor vehicle damage indicates a looming economic downturn.
Information gathered requires direct investigation.