Economic Competitiveness Act of 1985

Economic Competitiveness Act of 1985 - Establishes the position of Special Adviser on Economic Competitiveness in the Executive Office of the President.

Directs the Special Adviser to: (1) analyze relevant domestic and international data concerning current and future economic trends and market opportunities affecting U.S. industry; (2) monitor the changing nature of the U.S. economy and its capacity to provide marketable goods and services in domestic and international markets and to respond to international competition; (3) prepare and publish reports with recommendations on industrial development priorities; (4) provide policy recommendations and guidance to the President and Federal departments and agencies on issues concerning industrial strategies; (5) report annually to the President and the Congress on the national economy and its major sectors and on the effect of existing Government policies on industries; and (6) evaluate existing Government policies and business practices in terms of their competitive impact.

Sets forth the powers of the Special Adviser.

Directs the Special Adviser to report annually to the President, with recommendations for Federal policy changes necessary to implement effective economic competitiveness strategies. Requires that the first of such annual reports be transmitted not later than one year after the enactment of this Act.

Authorizes appropriations.