Home topics news News News Small business seek positive economic outlook Jessica Stanic May 5, 2009 It seems the majority of small and medium businesses remain optimistic about the economy, and feel that the pessimistic reporting of the financial crisis from the media and government has contributed to declining sales. The latest findings from the St George and Sutherland Shire Business Enterprise Centre (BEC) online survey, The SME Business Perspective on the Current Economy , has shown that 60 percent of local businesses are positive about the future of their business, with 75 percent citing potential opportunities for business growth over the next year. The survey canvassed the opinions of 374 businesses across the St George, Sutherland Shire and surrounding regions and found that the region is among the most positive in Australia, with recent data from the Sensis Business Index revealing that just 45 percent of SMEs across the country remain confident about future business prospects. However, the region is not immune from the effects of the global economic downturn, with three quarters of local businesses feeling some negative impacts of the crisis. Of those businesses, lower revenue and sales (81 percent), cashflow problems (45 percent) and ceasing purchasing equipment or inventory (42 percent) were cited as the major concerns. The majority of businesses cited they would like to see more positive reporting of the crisis from the media, believing that the focus is too much on the negative and many attributed their declining sales directly to negative coverage