This year's TT saw an estimated £37.1million spent in the local economy, a rise of around £3 million compared to last year.
The figure was revealed in the annual visitors survey conducted by the Department For Enterprise.
It also found more than 16,000 first-time visitors attended the 2018 festival, the highest since records began in 2010.
Onchan MHK Rob Callister says seeing the increase in new faces coming to the event is 'very encouraging'.
Appeal after wood from van damages car
A man's appealing for information after a van driver's load damaged his partner's car.
Island part of union data breach investigation
The Island's information commissioner is taking part in an investigation into a huge data breach at a trade union.
Cracked pipe closes NSC pool
The main swimming pool at the National Sports Centre in Douglas has closed this morning.
Island updates arms export rules
The Island's updated its export controls to match the latest European and UK regulations.
Onchan Raceway to stay open with new lease
Onchan commissioners say Onchan's raceway will remain in operation after the company agreed to sign a new lease.
Jobcentre can't stop ads being doubled up
Treasury Minister Alex Allinson says there's no way of ensuring job ads in the Island's Jobcentre aren't doubling up.
Deposits are biggest barrier to getting on property ladder
Manx residents have told a survey about barriers to first-time buyers getting on the property ladder the biggest difficulties are financial.
Vegan beauty salon up for sale
The owners of the Island's first vegan beauty salon say they're selling up.
