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==Economy== The [[Cattaraugus-Little Valley Central School]] is the largest employer in the village. The school's only active campus is located at the former Cattaraugus Central School building in the northeast corner of the village on County Route 12; it was constructed in 1954 as a high school, then expanded in 1991 for an elementary school wing and again in 2011 to accommodate added students from the takeover of Little Valley Central School. A former elementary school, abandoned since 1992, is in the center of the village. Industry is a significant portion of the Cattaraugus economy one factory for the Chester-Jensen is located in the village; a second, Frank Ralphs (which manufactures composite panels), is located just south of the village line. [[Lollipop]] stick manufacturer Setterstix was located in the village but has since moved. Outside of that, Cattaraugus's economy mostly capitalizes on its location far away from most major municipalities (the nearest city of more than 10,000 is more than {{convert|20|mi}} away in any direction). The only national franchise in Cattaraugus is a [[Dollar General]], which opened in 2010. Other businesses include the Bank of Cattaraugus (founded 1882, considered the first bank in the region),<ref>{{cite news |work=New York Times |date=December 23, 2011 |title=The Bank Around the Corner |author=Alan Feuer |url=https://www.nytimes.com/2011/12/25/nyregion/the-bank-of-cattaraugus-new-york-states-smallest-bank-plays-an-outsize-role.html}}</ref> P & C Gas Measurement Service, a Brooks Market grocery store (now closed), Jenny Lee Country Store (now known as "The Feed Mill"), Perky's Market, Rocket Cup Coffee, and Pritchard's Hardware, as of 2022 the only [[pharmacy]] in town The Corner Drug Store closed. The village's only automobile dealership, Illig Chevrolet Pontiac, closed in 2008 as a result of the [[General Motors bankruptcy]].
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