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'.
Ramsey Remembrance service to be marked by maroon rockets
Ramsey commissioners say maroons will fire next month as the town holds its remembrance events.
MEDS phone line to be down temporarily
Manx Care says the phone line for Manx Emergency Doctors Service will be temporarily out of service tomorrow.
Committee to examine link between poverty and poor academic performance
A Tynwald committee will hear evidence from education department bosses next month as it looks into links between poverty and poor academic performance.
Police advice for trick-or-treaters to stay safe
The police are giving advice for kids on how to keep safe whilst trick-or-treating.
How will Manx Care reduce the number of negligence claims?
What improvements are being planned by the health service to reduce the risk of future clinical negligence claims and payouts?
Manx Language Festival to be held next week
The Annual Manx Language Festival will be held next week.
Manxman sailings in doubt from tomorrow
Four ferry sailings are at risk of being cancelled this week due to bad weather.
Car falls down steep bank on Mountain Road
Multiple emergency services were called to a car crash this morning on the Mountain Road.
