The Organisation for Economic Cooperation and Development's latest Economic Outlook features something the organization's projections haven't shown in two years: projected growth revised upward.  The US is among those OECD nations to have better news in the June Outlook.  In March, the OECD report projected a 4% decline for the US economy this year.  The June Outlook now projects a 2.8% decline.  Large emerging economies all get strong projections:

A recovery already appears to be taking hold in China, helped by major stimulus measures. Chinese GDP growth is forecast to be 7.7% in 2009 and 9.3% in 2010, an upward revision from the OECD’s March forecasts of 6.3% this year and 8.5% next year. In Brazil, economic activity is forecast to fall by 0.8% in 2009 and rebound to 4.0% growth in 2010 (March forecast -0.3% and +3.8%); in Russia, economic activity is forecast to drop by 6.8% in 2009 and climb by 3.7% in 2010 (March forecast -5.6% and +0.7%); and in India, growth is predicted to slow to 5.9% in 2009 before accelerating to 7.2% in 2010 (March forecast 4.3% and 5.8%). 

This interactive map shows the OECD Economic Outlook's GDP growth projections for 2009 and 2010:

And here's Jorgen Elmeskov, acting chief economist of the OECD, explaining the report:

More information on the Economic Outlook is available here.