The Texas Tribune: Sofia Sorochinskaiahttps://www.texastribune.org/about/staff/sofia-sorochinskaia/The latest news by Sofia Sorochinskaia.enThu, 03 Apr 2025 17:20:24 -0500Tariffs creating uncertainty in Texas as report shows slower revenue growth since late 2024https://www.texastribune.org/2025/04/03/trump-tariffs-texas-revenue-growth/Respondents to a Federal Reserve Bank of Dallas survey expressed concern about a reduction in consumer demand and a potential recession.Story by Sofia SorochinskaiaThu, 03 Apr 2025 17:20:24 -0500https://www.texastribune.org/2025/04/03/trump-tariffs-texas-revenue-growth/The Trade Partnership Worldwide estimates that tariffs could cost Texas businesses $47 billion and cut the state’s gross domestic product growth by 1.5 percentage points.A parklet with diners outside of City Tavern along Elm Street in downtown Dallas near the Santander Tower, on Nov. 07, 2023. Texas metros have a glut of vacant offices space driven by the rise of remote work, overbuilding and other factors during the pandemic. One option companies are doing to combat the changes, is to convert office space into residential housing.Ben Torres for The Texas Tribune