Mexico City dominates the nation's economy. The Federal District produces a significant portion of Mexico's gross domestic product, or GDP (the total value of goods and services produced in the country). The federal district area accounted for 12 percent of GDP in 1998.
Mexico City is the center of a manufacturing belt that stretches from Guadalajara in the west to Veracruz on the Gulf of Mexico in the east. Manufactures include textiles, chemicals and pharmaceuticals, electrical and electronic items, steel, and transportation equipment. In addition, a variety of foodstuffs and light consumer goods are produced.
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