Industry in Glendale California

Southern California has led the way in new ideas, new products and entrepreneurial spirit for a long time. The people, educational facilities, premium climate and strong infrastructure have enabled the Los Angeles region to emerge as a leading business, trade and cultural center. The city is the largest manufacturing center in the West, one of the world's busiest ports, a major financial and banking center, and the largest retail market in the United States. Even Glendale has significant importance to the Californian economy. Several large companies have major offices in Glendale, such as the U.S. headquarters of the Swiss foods multinational Nestle and International House of Pancakes and the "southern campus" of the diversified entertainment company DreamWorks SKG, founded in 1994 by Steven Spielberg, Jeffrey Katzenberg and David Geffen. The Los Angeles regional office of California's State Compensation Insurance Fund is in Glendale. Neopets, the company that created the popular virtual pet website of the same name, is also located in the city. The Neopets website itself was sold to Viacom in 2005.

As of January 2004, the unemployment rate for the Los Angeles region was 5.8%. The median household income was $41,805 in the year 2000.