According to the Mauna Loa Observatory, the rate at which carbon dioxide is accumulating in the Earth's atmosphere continued slowing in February 2023. As a global economic indicator, that change suggests the world's economy slowed along with it.
The change comes as recent news headlines have flagged lackluster economic growth during the first two months of 2023, particularly in China:
We're featuring headlines that focus on China's economic recovery because the country is, by a very wide margin, the world's leading producer of carbon dioxide emissions, which are correlated with its economic output. The country is also the world's largest exporter of goods to other nation's economies with its CO₂ emissions described as being embodied in its imports and exports.
For February 2023, the following chart reveals the trailing year average of the year-over-year change in atmospheric CO₂ levels has dropped to its lowest level since October 2018.