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Economics

Boeing Sales Beat ‘New Normal’ Pessimism as Fed Prepares to Act

Rising sales at companies from Boeing Co. to chipmaker Intel Corp. and railroad CSX Corp. show U.S. businesses are growing even before a boost investors predict from the next round of Federal Reserve monetary easing.

About 85 percent of companies in the Standard & Poor’s 500 Index have exceeded analysts’ per-share profit estimates so far in third-quarter reports. The S&P 500 gained 11 percent since Aug. 27, when Fed Chairman Ben S. Bernanke said the central bank “will do all that it can” to keep the economy’s rebound alive. General Electric Co., Delta Air Lines Inc. and retailers including Kohl’s Corp. are planning to add workers.