At Colliers, we understand the importance of interconnected data, macroeconomic trends, and anecdotes in real estate decisions. With that in mind, here are 10 numbers and trends that have recently caught our attention:

• Bloomberg reported that U.S. corporations borrowed money at the fifth-highest level on record in September.
• Fitch Ratings is monitoring private credit as a potentially meaningful transmission channel in the next financial crisis, one that could amplify systemic shocks.
• Lorie Logan, president of the Federal Reserve Bank of Dallas, argues that the Fed should consider targeting the Secured Overnight Financing Rate and/or the Tri-Party General Collateral Rate rather than the Fed Funds rate.
• Life insurance companies have allocated close to one-third of their total assets to private ventures such as data centers, chip factories, and energy pipelines, per CreditSights — up from 22% a decade ago.
• John Burns Consulting expects limited single-family rental growth this year, as rising inventories of for-sale and rental properties weigh particularly on Sunbelt markets.
• Fundraising is gaining traction, with YTD activity at 95% of 2024’s total raise, according to Preqin.
• The Federal Reserve Bank of Chicago has released a new labor market indicator in an attempt to provide a more comprehensive view of U.S. employment conditions.
• The gap between strong recent GDP growth and weak job figures could indicate a productivity surge likely driven by AI, the Wall Street Journal notes.
• M2 money supply — readily available and easily accessible forms of cash — is at an all-time high, based on data from the Board of Governors of the Federal Reserve System.
• Large privatizations or mergers for EA Sports ($55 billion), Aligned Data Centers ($40 billion), Comerica Bank ($10.9 billion), and OxyChem ($9.7 billion) were all announced recently.