Yes, they most certainly will be collecting tracking data. Do you link to any Google fonts? Or to the JQuery libary they host? Presumably that also sends info to Google.
What info they collect and what they do with that data is not clear. Here's an excerpt from their Google Analytics privacy policy for example
"Google Analytics does not report the actual IP address information to Google Analytics customers. Additionally, using a method known as IP masking, website owners that use Google Analytics have the option to tell Google Analytics to only use a portion of the IP address, rather than the entire IP address, for geolocation."
http://www.google.co.uk/intl/en_uk/analytics/privacyoverview...
Notable by omission is what Google do with the anlaytics data themselves, they presumably capture (and save) the full IP address as well as all the tracking data they collect.
I've said this many times before: Google has a rapacious appetite to track and record online behaviour. That doesn't mean they are evil or bad, but it does mean that their policies on tracking, collecting and recording online data should not pass without discussion or scrutiny.